3 Room (3STD) HDB for Sale in 16 Taman Ho Swee

The valuation of the HDB 3 ROOM property in Queenstown, with a remaining lease of 44 years, has been determined at an estimated value of $265,157, translating to a price per square foot (PSF) of $373. This valuation is particularly noteworthy as it reflects a significant market signal, indicating that the property is priced above the market average by 54.6%. Such a premium in valuation suggests strong demand and a competitive resale market in the Queenstown area, which is a sought-after district known for its strategic location and amenities.

The high model confidence level associated with this valuation is bolstered by an analysis of 163 recent HDB resale transactions in the vicinity. This robust dataset underlines the credibility of the valuation, demonstrating that the property’s price point aligns with the prevailing trends and buyer sentiments in the market. As the HDB lease diminishes, properties with longer remaining leases tend to see a more pronounced impact on their valuation, further emphasizing the premium associated with this 44-year leasehold unit. Investors and prospective homeowners should consider these dynamics when evaluating opportunities within the Queenstown precinct.