3 Room (3A) HDB for Sale in 57 Havelock Road

The valuation of the HDB 3 Room property in Queenstown, with a remaining lease of 84 years, stands at an estimated value of $865,878, translating to a price per square foot (PSF) of $1,165. This valuation reflects a nuanced understanding of current market dynamics, supported by a robust dataset comprising 40 recent HDB resale transactions in the vicinity. The property exhibits a 1.8% difference from the baseline market price, indicating a slight premium that could be attributed to its strategic location and the enduring desirability of the Queenstown area.

The high model confidence associated with this valuation underscores the stability and reliability of the data-driven approach employed. Queenstown remains a sought-after neighborhood, characterized by its rich amenities and excellent connectivity. The 84-year remaining lease is a critical factor, as it positions the property favorably in the market, appealing to both investors and owner-occupiers looking for long-term value. As the urban landscape of Singapore continues to evolve, properties like this one are likely to retain their attractiveness, further reinforcing their market resilience.