4 Room (4A) HDB for Sale in 55 Havelock Road

The HDB 4 Room property in Queenstown, boasting a remaining lease of 86 years, has been appraised at an estimated value of $948,530, translating to $928 PSF. This valuation positions the property significantly above the market baseline, with a notable 26.5% premium compared to comparable residences in the vicinity. Such a discrepancy signals a robust demand for HDB units in this coveted locale, suggesting that buyers are willing to pay a premium for the unique blend of location, amenities, and the potential for long-term appreciation.

However, it is imperative to acknowledge the low model confidence associated with this valuation, derived from an analysis of merely six recent HDB resale transactions in the area. This limited dataset may not fully encapsulate the current market dynamics, thereby introducing a degree of uncertainty. In Queenstown, where urban development meets historical charm, the interplay of lease duration and market perceptions plays a pivotal role in influencing buyer behavior and pricing trends. As the market continues to evolve, stakeholders should closely monitor upcoming transactions and market shifts for a more comprehensive understanding of the valuation landscape.