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

The valuation of the HDB 4-room unit in Queenstown, with a remaining lease of 75 years, stands at an estimated value of $1,146,440, translating to a price per square foot (PSF) of $1,055. This valuation is positioned above the market baseline by 7.3%, indicating a premium pricing strategy influenced by various market dynamics. Such an appreciation in value suggests a strong demand for property in the Queenstown vicinity, known for its strategic location and proximity to amenities, educational institutions, and transport links.

However, it is essential to note that the model confidence in this valuation is categorized as low, which reflects the limited dataset derived from only two recent resale transactions in the area. This limited data may not fully capture the broader market trends or the nuances inherent in the Queenstown real estate segment. As the remaining lease period of 75 years is taken into consideration, potential buyers should evaluate the long-term implications of leasehold properties while assessing their investment strategies in the current market landscape.