4 Room (4A) HDB for Sale in 50 Commonwealth Drive

The valuation of the HDB 4-room unit in Queenstown, with a remaining lease of 86 years, stands at an estimated value of $736,495, translating to a price per square foot (PSF) of $1,086. This valuation positions the property above the market baseline by 8.4%, indicating a strong demand and favorable market conditions in this sought-after precinct. The Queenstown area, known for its strategic location and proximity to amenities, continues to attract buyers, particularly families and young professionals seeking quality living environments.

The model confidence for this valuation is categorized as medium, reflecting the inherent fluctuations in the HDB resale market. The analysis is based on data from 8 recent HDB resale transactions in the vicinity, which suggests a robust activity level that supports the premium pricing of this unit. As the property market evolves, the remaining lease plays a critical role in influencing buyer sentiment and investment potential. With a lease of 86 years remaining, this HDB unit not only offers a comfortable living space but also represents a viable long-term asset in a dynamic real estate landscape.