4 Room (4A) HDB for Sale in 79 Dawson Road

The valuation of the HDB 4 Room property located in Queenstown, with a remaining lease of 92 years, stands at an estimated value of $1,226,962, translating to a price per square foot (PSF) of $1,296. This valuation is notably above the current market baseline, reflecting a significant 53.2% premium. Such a deviation suggests robust demand dynamics in the Queenstown area, which is characterized by its strategic location and proximity to key amenities, contributing to heightened buyer interest and competition.

In analyzing recent market activity, we observe that this valuation is grounded in data derived from 11 comparable HDB resale transactions within the vicinity. The medium confidence level of this model indicates that while the valuation is supported by recent sales data, external factors such as economic fluctuations and policy changes could impact future market conditions. The remaining lease of 92 years is also a crucial factor, as properties with extended leases typically command a premium due to their longevity and perceived value retention. Overall, the current market signals indicate a thriving HDB resale market in Queenstown, underlining the area's desirability as a residential hub.