3 Room (3STD) HDB for Sale in 86 Commonwealth Close

The valuation of the HDB 3 Room property in Queenstown, with a remaining lease of 37 years, has been determined at an estimated value of $223,155, translating to $300 per square foot (PSF). This valuation is positioned above the market threshold, reflecting a notable 100.8% difference from the baseline. Such a premium valuation signals a robust demand in the Queenstown precinct, underpinned by the area's strategic location and the desirability of HDB flats within the community.

Our analysis draws upon data from 51 recent HDB resale transactions within the vicinity, providing a solid foundation for this valuation. The high model confidence indicates a strong alignment with market trends and buyer sentiment, particularly in light of the limited remaining lease. In an environment where lease duration plays a critical role in valuation, the property’s 37 years remaining lease reflects a balanced opportunity for both investors and homeowners seeking long-term stability. The dynamism of the Queenstown market, coupled with its accessibility and amenities, further enhances the attractiveness of this HDB offering.