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

The valuation of the HDB 4-room unit located in Queenstown, with a remaining lease of 75 years, indicates a calculated estimated value of $1,146,440, translating to approximately $1,055 PSF. This figure, while reflective of the current market dynamics, shows a 4.7% deviation from the baseline market price, suggesting a slight premium on this property. Such a valuation is indicative of Queenstown's desirability as a residential enclave, characterized by its strategic proximity to key amenities and transport links.

However, the model confidence for this valuation remains categorized as low, primarily due to the limited dataset, which comprises only two recent HDB resale transactions in the vicinity. This scarcity of comparable data can lead to fluctuations in perceived value, particularly in a market that is increasingly sensitive to local economic indicators and buyer sentiment. As such, potential investors and homeowners should approach this valuation with a nuanced understanding of the broader market trends and local dynamics that influence HDB leasehold properties in Singapore.