4 Room (4A) HDB for Rent in 56 Havelock Road

The HDB 4-room unit located in Queenstown, with a remaining lease of 84 years, has been appraised at an estimated value of $947,646, translating to a price per square foot of $936. This valuation aligns precisely with the market price, indicating a 0% deviation from the baseline. Such stability in pricing suggests a balanced demand-supply scenario in the Queenstown area, reflecting the neighborhood's enduring appeal and desirability among homebuyers.

However, it is essential to note the low model confidence associated with this valuation, derived from an analysis of merely six recent HDB resale transactions within the vicinity. This limited data set may not fully capture the nuanced market dynamics that could influence future price trajectories. As the remaining lease diminishes, potential buyers may exhibit varying levels of sensitivity towards lease tenure, which could affect the unit's long-term value. Investors and homeowners should remain vigilant of shifts in the market landscape, as even marginal changes in buyer sentiment or economic conditions could significantly impact HDB valuations in this sought-after district.