5 Room (5I) HDB for Sale in 56 Havelock Road

The valuation of the HDB 5-room unit in Queenstown, with a remaining lease of 86 years, stands at an estimated value of $1,215,270, translating to a price per square foot (PSF) of $990. This valuation indicates a market signal that is notably above the baseline, exhibiting a 7% premium over similar properties in the area. Such a discrepancy suggests a strong demand for HDB units in this coveted precinct, reflecting the desirability of Queenstown as a residential choice among buyers.

The high model confidence associated with this valuation is derived from an analysis of 139 recent HDB resale transactions within the vicinity. This robust dataset underlines the ongoing appreciation of property values in the region, supported by Queenstown's strategic location and the sustained interest from both owner-occupiers and investors. As the market continues to evolve, the remaining lease of 86 years positions this property advantageously, catering to prospective buyers who value longevity and stability in their investments. The dynamics of the current real estate landscape affirm the resilience of HDB properties in Queenstown, making it a compelling choice for discerning buyers.