4 Room (4A) HDB for Sale in 5 Delta Avenue

The valuation of the HDB 4-room unit in Queenstown, with a remaining lease of 58 years, stands at an estimated value of $555,597, translating to a price per square foot (PSF) of $561. This valuation indicates a significant market signal, positioning the property at a premium of 43.8% above the baseline. Such a substantial deviation from the market average suggests that the property may be benefiting from unique demand factors or intrinsic qualities that set it apart from similar listings in the region.

Despite the above-market valuation, it is essential to note that the model confidence for this estimate is categorized as low, primarily based on a limited data set of only two recent HDB resale transactions in the vicinity. This low confidence level underscores the volatility and potential fluctuations in the local property market, particularly given the diminishing lease period. Prospective buyers and investors are advised to consider the implications of the remaining lease on their investment horizon, as well as the broader market dynamics influencing HDB properties in Queenstown. Such factors may include recent urban development initiatives, changes in demographic trends, and overall economic conditions impacting the real estate landscape in Singapore.