2 Bed Townhouse (Landed) for Sale in River Place

The valuation of the HDB 5 Room property in Queenstown, with a remaining lease of 73 years, stands at an estimated value of $1,040,140, equating to $806 PSF. This price positions the property significantly above the market average, as indicated by a deviation of 121.1% from the baseline. Such a substantial premium suggests that the property is perceived as highly desirable, reflecting the ongoing demand in the Queenstown area, which is renowned for its strategic location and vibrant community amenities.

However, it is important to note that the model confidence in this valuation is rated as low, primarily due to the reliance on a limited dataset, with only one recent HDB resale transaction in the vicinity serving as a comparative benchmark. This lack of robust transaction data may impact the reliability of the valuation, and prospective buyers should consider the broader market dynamics, including the potential fluctuations in demand and supply within the local HDB market. It is essential for stakeholders to remain vigilant and informed as they navigate the evolving landscape of Singapore's real estate sector.