3 Room (3A) HDB for Sale in 79 Dawson Road

The recent valuation of the HDB 3-room unit in Queenstown, with a remaining lease of 92 years, stands at an estimated value of $841,295, translating to a price per square foot (PSF) of $1,261. This valuation reveals a market price that is approximately 4.9% above the baseline, indicating a positive sentiment in the local real estate market. Such a premium suggests strong demand for properties in this well-established residential precinct, characterized by its strategic location and proximity to essential amenities. Queenstown's rich history and ongoing developments further enhance its appeal, making it a sought-after destination for homebuyers.

However, it is crucial to note that the model confidence for this valuation is classified as low, based on an analysis of only six recent HDB resale transactions in the vicinity. This limited dataset may not fully capture the broader market dynamics at play, which could influence the accuracy of the valuation. Buyers and investors are advised to consider various factors, including market trends, future developments, and the overall economic environment, when assessing the value of HDB properties in this area. The remaining lease period of 92 years also plays a significant role in determining the long-term investment potential of this property.