5 Room (5I) HDB for Sale in 36 Jalan Rumah Tinggi

The valuation of the 5-room HDB in Queenstown, with a remaining lease of 42 years, stands at an estimated value of $704,288, translating to a price per square foot (PSF) of $550. This valuation is notably above the market baseline, reflecting a significant 32% premium compared to similar properties in the area. Such a disparity indicates robust demand for HDBs in this sought-after locale, driven by Queenstown's strategic location and the ongoing development initiatives that enhance its appeal.

Our analysis is supported by a high degree of model confidence, underpinned by 139 recent HDB resale transactions in the vicinity. The data reveals a resilient market, with buyers willing to invest above market rates for properties that offer not only a desirable living environment but also potential for capital appreciation. The remaining lease of 42 years adds an interesting dimension to the valuation; while it may be considered short in the context of long-term investment, the premium pricing suggests that buyers are factoring in the unique attributes of Queenstown, including its proximity to key amenities and transportation links.