6 Bed Walk-up Apartment (Condo) for Sale in Tiong Bahru Estate

The HDB 5 Room flat in Queenstown has been appraised at an estimated value of $1,310,955, translating to a price per square foot (PSF) of $982. This valuation is indicative of a robust demand scenario in the Queenstown precinct, a region characterized by its strategic location and vibrant community amenities. With a remaining lease of 75 years, the property holds substantial longevity, appealing to both owner-occupiers and investors seeking long-term growth potential.

Notably, the valuation reflects a significant premium over the baseline market value, showcasing a 22% difference. This elevated pricing signals strong competitive dynamics in the local market, likely driven by heightened buyer interest and limited supply. The model confidence rating of High is reinforced by insights derived from 288 recent HDB resale transactions in the vicinity, underscoring the reliability of market signals and trends. As Queenstown continues to evolve into a sought-after residential hub, this valuation aligns with broader market trajectories while emphasizing the strategic advantages of properties within this locality.