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

The HDB 5-room property located in the esteemed Queenstown area has been appraised with an estimated value of $1,160,366, translating to a price per square foot of $946. With a remaining lease of 86 years, this property presents a compelling opportunity for potential buyers who are looking for long-term investments in one of Singapore's most sought-after residential locales. The valuation indicates a market signal that is above market, showing a notable 12% difference from the baseline value, which may suggest an increasing demand for housing in this vibrant district.

However, it is important to note that the model confidence associated with this valuation is categorized as low, reflecting the inherent volatility in the real estate market, particularly for HDB properties. This low confidence rating is derived from an analysis of merely three recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market dynamics. Investors and homeowners should consider these factors when assessing the potential of this property, as fluctuations in demand and transaction activity can significantly impact future valuations.