4-Room HDB for Room Rent: 52 Havelock Road

The valuation of the HDB 4-room property in Queenstown reflects a strategic positioning within a highly sought-after locale, with an estimated value of $104,425, translating to approximately $1,044 PSF. This valuation holds a steady ground as it indicates a 0% difference from the baseline, suggesting that the property is well-aligned with current market trends and expectations. The remaining lease of 84 years provides a substantial buffer for prospective buyers, ensuring longevity in ownership and investment viability, which is particularly appealing in the context of Singapore’s real estate landscape.

The model confidence for this valuation is classified as medium, based on an analysis of 13 recent HDB resale transactions within the vicinity. This dataset provides a robust foundation for understanding local market dynamics, revealing a stable demand for HDB units in Queenstown. As the area continues to evolve with infrastructural developments and urban enhancements, it is poised to maintain its attractiveness, particularly for families and young professionals seeking residential options. The current market conditions suggest that potential buyers can engage with this property with a sense of confidence, given its fair valuation amidst a competitive market.