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 $208,072, translating to a price per square foot (PSF) of $302. This assessment reflects a significant market signal, indicating that the property is priced above market expectations by 105.7% when compared to the baseline values derived from recent transactions in the area. Such a premium valuation suggests a robust demand for HDB units in this sought-after precinct, underscoring Queenstown's enduring appeal among homebuyers and investors alike.

The model's confidence rating is categorized as high, bolstered by data derived from 51 recent HDB resale transactions in the vicinity. This extensive data set not only affirms the accuracy of the valuation but also highlights the dynamic market conditions that have propelled Queenstown's property values. As a well-established residential hub, Queenstown benefits from its strategic location, comprehensive amenities, and strong transport links, further enhancing its desirability. The remaining lease of 37 years, while a consideration, remains sufficient for prospective buyers who are increasingly attracted to the area’s potential for appreciation and livability.