4 Room (4STD) HDB for Sale in 102 Henderson Crescent

In the esteemed neighborhood of Queenstown, the valuation of a 4-room HDB unit with a remaining lease of 40 years has been estimated at $301,680, equating to a price per square foot (PSF) of $350. This figure indicates a significant market signal, as it is positioned 72.4% above the established baseline, suggesting a robust demand for HDB properties in this locality despite the diminishing lease term.

The model confidence for this valuation is categorized as low, reflecting potential volatility and uncertainties in the market dynamics. This assessment is derived from the analysis of 7 recent HDB resale transactions in the vicinity, which provide a basis for comparative valuation. The notable premium over the baseline price could be attributed to factors such as the strategic location of Queenstown, ongoing urban development initiatives, and a growing interest among buyers for properties with shorter lease tenures in well-established neighborhoods. As market conditions evolve, it will be critical to monitor these trends closely to gauge the sustainability of such elevated valuations.