5 Room (5I) HDB for Sale in 39A Margaret Drive

The valuation of the HDB 5 Room unit in Queenstown, with a remaining lease of 94 years, stands at an estimated value of $1,563,226, translating to $1,345 PSF. This valuation reflects a nuanced understanding of the current market dynamics, where the assessed price exhibits a 4.1% difference from the baseline market price. Such a differential signifies a slightly elevated market sentiment, suggesting that demand for HDB properties in this sought-after locale remains robust, driven by Queenstown's strategic location and its appeal as a mature residential estate.

Our analysis is predicated upon a comprehensive review of 11 recent HDB resale transactions in the vicinity, which provides a solid foundation for our valuation model. The model confidence is rated as medium, indicating that while there are fluctuations inherent in the market, the data points align closely with the established valuation trends in the area. As leasehold properties continue to gain traction among buyers looking for long-term investments, the remaining lease of 94 years positions this unit favorably within the market, further enhancing its appeal in a competitive landscape.