5-Room HDB for Room Rent: 94 Havelock Road

In the current property landscape of Queenstown, the valuation of a 5-room HDB unit, remaining lease of 56 years, stands at an estimated value of $74,865 or $749 PSF. This valuation reflects a market price that is aligned with the baseline, indicating a stable market dynamic with a 0% difference from the established baseline. Such stability suggests that the demand in this highly sought-after area remains consistent, maintaining its appeal among potential buyers and investors alike.

The model confidence for this valuation is rated as High, supported by an extensive analysis of 145 recent HDB resale transactions in the vicinity. These transactions provide a robust dataset that underpins the demand-supply equilibrium in Queenstown, a region known for its strategic location and well-developed amenities. As the remaining lease diminishes, it is essential to monitor market trends closely, as they may influence future valuations and investment decisions within this vibrant community.