3 Room (3I) HDB for Sale in 16 Taman Ho Swee

The valuation of the 3-room HDB in Queenstown, with a remaining lease of 36 years, has been estimated at $229,928, translating to a competitive $383 PSF. This pricing reflects a significant market signal, indicating an above-market valuation with a striking 53.9% difference from the baseline. Such a premium valuation can be attributed to multiple factors, including the desirable location of Queenstown, which is renowned for its accessibility and proximity to key amenities, making it a sought-after residential area.

The model confidence for this valuation is classified as high, supported by an extensive analysis of 500 recent HDB resale transactions in the vicinity. This robust dataset not only fortifies our valuation model but also highlights the current market dynamics, where demand continues to outstrip supply in certain precincts. The remaining lease of 36 years is an essential consideration, as it positions the property within a competitive segment of the market, appealing to both first-time buyers and investors looking for stable growth prospects in a well-established neighborhood.