3 Room (3STD) HDB for Sale in 91 Commonwealth Drive

The valuation of the HDB 3-room unit located in Queenstown, with a remaining lease of 38 years, presents an intriguing case within the current real estate landscape. Estimated at $194,251, equating to $301 per square foot, this property is positioned above the market baseline, reflecting an impressive 85.3% premium. This valuation indicates a robust demand for HDB units in the Queenstown area, which is characterized by its strategic location and established amenities, appealing to both investors and homebuyers alike.

However, it is crucial to note that the model confidence for this valuation is classified as low, based on the analysis of only four recent HDB resale transactions in the vicinity. This limited dataset raises considerations regarding market volatility and the potential for fluctuating demand in the coming years. As the remaining lease diminishes, prospective buyers may need to weigh the current premium against the long-term viability of their investment. Additionally, the unique characteristics of the Queenstown estate, including its connectivity and community infrastructure, will continue to play a significant role in shaping the property’s market performance.