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

The HDB 4-room property located in Queenstown presents an estimated value of $998,784, translating to a price per square foot of $1,055. This valuation positions the property approximately 8.9% above the current market baseline, indicating a robust demand for housing in this highly sought-after enclave. Queenstown's strategic location and its reputation as a well-established residential area continue to drive interest, particularly among families and young professionals seeking proximity to amenities and transport links.

However, it is essential to note that the model confidence for this valuation is classified as low, primarily due to the limited dataset available, which is based on only two recent HDB resale transactions in the vicinity. This scarcity of comparative sales may result in fluctuations in market sentiment, underscoring the importance of thorough due diligence when evaluating this property. With a remaining lease of 75 years, potential buyers should also consider the implications of leasehold duration on future resale value and the long-term viability of investment in this segment. Overall, while the valuation reflects a premium position in the current market, caution is advised in interpreting these figures amidst the prevailing dynamics of the HDB landscape in Queenstown.