5 Room (5I) HDB for Sale in 50 Hoy Fatt Road

The valuation of the HDB 5 Room property located in Queenstown, with a remaining lease of 59 years, presents an intriguing investment opportunity within the Singapore real estate market. Priced at an estimated value of $1,105,217, equating to $842 per square foot, this property is currently assessed as a "Good Deal," reflecting a notable 19.7% difference from the baseline valuation. This significant variance suggests that the property may be undervalued relative to its comparable peers, creating a compelling case for potential buyers seeking value in a competitive market.

However, it is critical to note the model confidence for this valuation is categorized as low, indicating that the predictive accuracy of this estimate may be less robust. The assessment is based on three recent HDB resale transactions in the vicinity, which provide a limited data pool for establishing a comprehensive market trend. As the remaining lease period of 59 years is factored into the equation, it is essential for prospective buyers to consider the impact of lease decay on future resale values. Overall, while the current valuation presents an attractive entry point, buyers should remain vigilant regarding market fluctuations and lease longevity as they navigate this dynamic sector.