5 Bed Shophouse (Landed) for Sale in Outram Road

The valuation of the HDB Executive unit in Queenstown, with a remaining lease of 75 years, stands at an estimated value of $2,412,196, translating to a price per square foot (PSF) of $893. This valuation places the property above the market average, reflecting a significant premium of 107.3% over the baseline. Such a marked difference indicates strong demand and desirability for HDB properties in this highly sought-after district, known for its strategic location and robust community amenities.

Analysis of the recent HDB resale transactions in the vicinity—12 in total—provides a further context for this valuation. The medium confidence level of the model suggests that while the data is reliable, market fluctuations and external economic factors could influence future valuations. Queenstown's evolving landscape, characterized by ongoing urban development initiatives and enhanced connectivity, continues to bolster its attractiveness, particularly for families and young professionals seeking quality living spaces. As the market dynamics evolve, properties like this Executive HDB may represent not only a home but also a strategic investment opportunity in Singapore's competitive real estate market.