4 Room (4A) HDB for Sale in 21 Jalan Membina

The valuation of the HDB 4 Room unit in Queenstown, with a remaining lease of 74 years, stands at an estimated value of $738,806, equating to $762 per square foot. This valuation reflects a notable premium in the current market, as it indicates an above-market positioning with a significant 48.8% difference from the baseline valuation. Such a discrepancy suggests that the property is being perceived as highly desirable, likely due to Queenstown's strategic location and the ongoing development initiatives in the vicinity that enhance the overall appeal of the area.

However, it is essential to approach this valuation with caution, as the model confidence remains low, based on the analysis of only two recent HDB resale transactions in the vicinity. The limited data points may not fully capture the prevailing market dynamics or potential fluctuations in demand. As the remaining lease period of 74 years is considered, it is crucial for prospective buyers to evaluate the long-term implications of lease tenure on value appreciation. In conclusion, while the premium valuation reflects a robust interest in Queenstown properties, potential investors should remain vigilant regarding market trends and surrounding developments that could influence future resale values.