5 Room (5I) HDB for Sale in 56 Havelock Road

The valuation of the HDB 5 Room in Queenstown, with a remaining lease of 86 years, stands at an estimated value of $1,215,270, translating to $990 PSF. This valuation reflects a market signal that is notably above the baseline, indicating a 7% premium compared to similar properties in the vicinity. Such a premium suggests a robust demand for HDB units in this well-established and strategically located area, which is characterized by its proximity to essential amenities and transport links.

Our analysis is supported by a comprehensive review of 139 recent HDB resale transactions in the Queenstown area, contributing to a model confidence rating of high. The enduring appeal of Queenstown, coupled with the extended lease period of this property, positions it favorably within the market. Given the current dynamics, we anticipate continued interest and potential appreciation in value, underscoring the attractiveness of this HDB unit as both a residential investment and a long-term asset.