5 Room (5A) HDB for Sale in 7A Commonwealth Avenue

The valuation of the 5-room HDB unit in Queenstown, with a remaining lease of 41 years, stands at an estimated value of $637,302, translating to a price per square foot (PSF) of $463. This valuation is notably above the market baseline, reflecting a significant premium of 7.1%. Such a discrepancy suggests a robust demand for HDB properties in this highly sought-after precinct, known for its strategic location and accessibility to amenities.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily based on only two recent resale transactions within the vicinity. This limited data set may not fully capture the broader market dynamics, leading to potential volatility in pricing. Prospective buyers and investors should consider the implications of the remaining lease duration, as properties with shorter leases may face challenges in long-term value retention. Overall, while the current pricing signals strong demand, careful consideration of the market conditions and lease terms is advisable for informed decision-making.