3 Room (3STD) HDB for Sale in 22 Havelock Road

The valuation of the HDB 3-room unit in Queenstown, with a remaining lease of 37 years, stands at an estimated value of $273,815, translating to a price per square foot (PSF) of $397. This valuation is notably positioned above the market average, showcasing a substantial 56.3% difference from the baseline. Such a premium valuation indicates strong demand dynamics in one of Singapore's mature residential estates, known for its strategic location and proximity to essential amenities.

Our analysis, grounded in a robust dataset comprising 500 recent HDB resale transactions in the vicinity, reflects a high level of model confidence. The elevated valuation suggests that buyer sentiment remains resilient, driven by the desirability of Queenstown as a long-term investment area. Furthermore, the remaining lease of 37 years adds a layer of complexity to the valuation, as properties with shorter leases often face steeper depreciation. However, the current market conditions appear to favor this unit, indicating a potential for appreciation in value as Queenstown continues to evolve and develop.