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

The valuation of the HDB 4 ROOM property in Queenstown, with a remaining lease of 86 years, is estimated at $736,495, translating to a price per square foot (PSF) of $1,086. This valuation is positioned above the baseline market value, reflecting an 8.4% premium. The elevated valuation indicates a strong demand for properties in this well-established estate, which is known for its strategic location and proximity to various amenities, including schools, shopping centers, and public transport hubs.

Recent market dynamics suggest a robust interest in HDB units within the Queenstown vicinity, as evidenced by the analysis of 8 comparable resale transactions. The medium confidence level in this valuation underscores the inherent variability in the market, influenced by factors such as overall economic conditions, buyer sentiment, and the specific attributes of the property itself. As leasehold properties continue to attract discerning buyers, the remaining lease of 86 years presents a significant advantage, assuring prospective owners of a substantial period of occupancy while still capitalizing on the potential appreciation of property values in this prime location.