5 Room (5I) HDB for Sale in 40A 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 $1,570,485, translating to a price per square foot (PSF) of $1,350. This valuation reflects a market signal indicating a modest deviation of 0.3% from the baseline, suggesting a stable pricing environment in this sought-after locale. Queenstown, known for its strategic location and robust community amenities, continues to attract significant interest from both local and foreign buyers, further underpinning the resilience of property values in this district.

With the model confidence assessed as medium, this valuation is supported by the analysis of 11 recent HDB resale transactions in the vicinity, providing a comprehensive overview of market dynamics. The relatively long remaining lease of 94 years adds to the appeal of this property, as it offers prospective buyers the assurance of longevity and investment potential. As the overall market conditions remain buoyant, this property exemplifies the ongoing demand for quality housing in Queenstown, aligning with broader trends observed across Singapore's real estate landscape.