3 Room (3STD) HDB for Sale in 109 Commonwealth Crescent

The valuation of the HDB 3 Room property located in Queenstown, with a remaining lease of 37 years, is estimated at $195,784 or $304 PSF. This valuation is significantly above the market average, reflecting a notable 94.1% difference from the baseline. This premium valuation suggests a strong demand for HDB properties in this desirable region, driven by Queenstown's strategic location and its proximity to key amenities and transport links.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset of only four recent HDB resale transactions in the vicinity. This lack of extensive comparative data may introduce volatility into the valuation, indicating that while the property commands a premium price, potential investors should exercise caution. The remaining lease period of 37 years also plays a critical role in influencing buyer sentiment, as properties with shorter leases can sometimes deter investment interest. Overall, while the valuation reflects current market dynamics, prospective buyers should consider both the quantitative and qualitative aspects of this property before making a decision.