5 Room (5I) HDB for Sale in 76A Redhill Road

The current valuation of the 5-room HDB in Queenstown, with a remaining lease of 77 years, stands at an estimated value of $1,236,230, translating to an attractive $999 PSF. This valuation is particularly noteworthy, as it reflects an 11% deviation from the baseline market price, categorizing it as a good deal within the context of recent market activities. The HDB resale market in the Queenstown area has demonstrated resilience, driven by a combination of factors including location desirability, ongoing urban development, and the sustained demand for public housing in Singapore.

Our valuation model, supported by data from 17 recent HDB resale transactions in the vicinity, presents a medium confidence level in this assessment. The dynamics of the local property market suggest a stable demand for 5-room HDBs, particularly in well-established neighborhoods like Queenstown. The remaining lease of 77 years provides potential buyers with a substantial horizon for ownership, ensuring long-term value retention. As such, this property presents a compelling investment opportunity for discerning buyers looking to capitalize on the robust housing market in Singapore.