5 Room (5I) HDB for Sale in 53 Havelock Road

The HDB 5 Room in Queenstown presents an intriguing valuation case, with an estimated value of $1,127,769 or $919 PSF. With a remaining lease of 84 years, this property sits within a desirable urban locale, known for its accessibility and amenities. However, it is noteworthy that this valuation reflects a market signal classified as Above Market, with a significant 32% difference from the baseline. Such a discrepancy suggests that the property may be priced at a premium compared to recent comparable transactions.

The model's confidence in this valuation is categorized as Low, primarily due to the reliance on only one recent HDB resale transaction in the vicinity. This limited data set raises questions regarding the robustness of the estimate, as it may not fully capture the current market dynamics or reflect broader buyer sentiment. With Queenstown's evolving landscape and continued interest from homebuyers, the valuation may still hold potential for appreciation; however, prospective investors should proceed with caution, considering the volatility associated with such a narrowly defined market analysis.