4 Room (4A) HDB for Sale in 131B Kim Tian Road

The valuation of the HDB 4-room unit in Queenstown, with a remaining lease of 48 years, stands at an estimated value of $419,100, translating to a price per square foot (PSF) of $428. This valuation is notably above the market average, reflecting a significant 133.8% difference from the baseline. Such a premium indicates a strong demand in this sought-after precinct, which is characterized by its strategic location and proximity to various amenities.

With a high model confidence based on an analysis of 46 recent HDB resale transactions in the vicinity, the data suggests that buyers are willing to pay a premium for properties in Queenstown. This trend can be attributed to the area's robust infrastructure, excellent connectivity, and the ongoing urban rejuvenation initiatives that enhance its desirability. As the remaining lease of 48 years is factored into the valuation, it is essential to consider the potential impacts on future resale values and the buyer sentiment towards leasehold properties, particularly as the market continues to evolve.