3 Room HDB for Sale in 86 Dawson Road

The valuation of the HDB 3-room unit in Queenstown, with a remaining lease of 89 years, stands at an estimated value of $579,280, translating to a price per square foot (PSF) of $649. This valuation is positioned above the market baseline, reflecting a 100.2% difference, indicating a strong demand for properties in this prime location. Queenstown, known for its strategic connectivity and vibrant community, continues to attract buyers, which is evident in the premium pricing observed in this transaction.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set, with only one recent HDB resale transaction available in the vicinity. This lack of robust transaction history may impact the reliability of the estimated value and suggests a cautious approach for potential investors. As market dynamics shift, particularly with the remaining lease of 89 years, stakeholders should consider both the current demand trends and the long-term implications of lease decay on property value.