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

The valuation of the HDB 3-room property in Queenstown reflects a robust market performance, with an estimated value of $455,296, translating to $596 per square foot. This valuation is notable as it positions the property significantly above market expectations, registering a 115.2% difference from the baseline valuation. The residual lease of 75 years further enhances its appeal, as properties with longer leases tend to attract more interest from potential buyers, contributing positively to the valuation.

Analyzing the surrounding market dynamics, this valuation is supported by recent transactions in the vicinity, with 18 comparable HDB resale transactions offering a substantive basis for this assessment. The model confidence is categorized as medium, indicating a reliable yet cautious outlook. The sustained demand for HDB properties in Queenstown, coupled with its strategic location and community amenities, signifies a strong investment opportunity, especially in a competitive market where lease longevity plays a critical role in buyer decision-making.