3 Room (3A) HDB for Sale in 57 Havelock Road

The HDB 3 Room unit located in the sought-after Queenstown district has been appraised at an estimated value of $586,408, translating to a price per square foot (PSF) of $789. With a remaining lease of 84 years, this property offers a substantial tenure that appeals to both first-time buyers and seasoned investors alike. Given the strategic location of Queenstown, which is well-known for its accessibility and vibrant community, the valuation reflects a significant market signal, indicating a premium valuation that exceeds the baseline by 47.8%.

This elevated market position is substantiated by robust data derived from 500 recent HDB resale transactions in the vicinity, reinforcing a high model confidence in this valuation. The premium pricing can be attributed to several factors, including Queenstown's ongoing urban development initiatives, its proximity to key amenities, and the desirability of the area as a residential hub. As Singapore's real estate landscape continues to evolve, properties such as this HDB unit are likely to remain attractive investments, further bolstered by the strong demand for leasehold properties with extended tenures.