5-Room HDB for Room Rent: 94 Havelock Road

The valuation of the HDB 5-room unit in Queenstown, with a remaining lease of 56 years, stands at an estimated value of $74,865, translating to a price per square foot (PSF) of $749. This valuation is particularly noteworthy as it aligns perfectly with the baseline market price, exhibiting a 0% difference. Such stability in pricing indicates a highly competitive market environment, where demand closely matches supply, reflecting the desirability of the Queenstown precinct among potential buyers.

Based on an extensive analysis of 145 recent HDB resale transactions within the vicinity, the model confidence in this valuation is rated as high. This robust dataset facilitates a reliable assessment of current market dynamics, underscoring the significance of location, remaining lease duration, and buyer sentiment in determining property values. With Queenstown's strategic positioning and ongoing urban development initiatives, the outlook for HDB properties in this region remains promising, making it an attractive consideration for both homeowners and investors alike.