3 Room (3A) HDB for Sale in 94 Dawson Road

In the highly sought-after district of Queenstown, the valuation of the HDB 3-room unit reflects an estimated value of $895,080, translating to a robust $1,320 PSF. With a remaining lease of 93 years, this property holds significant potential for appreciation, particularly given the ongoing urban development initiatives in the vicinity, which continue to enhance the desirability of this area. The current estimate indicates a 2.8% deviation from the baseline market price, suggesting a slight premium in the pricing, likely fueled by limited supply and sustained demand.

However, it is imperative to note that the model confidence in this valuation is categorized as low, derived from an analysis of only six recent HDB resale transactions in the neighborhood. This limited dataset may introduce a level of uncertainty, highlighting the need for potential buyers to conduct thorough due diligence. The current market dynamics, combined with the longevity of the lease, position this property as a compelling opportunity, yet caution is advised due to the fluctuating nature of HDB resale values in Singapore's evolving real estate landscape.