3 Room (3S) HDB for Sale in 28 Jalan Klinik

The valuation of the HDB 3-room unit in Queenstown, with a remaining lease of 36 years, stands at an estimated value of $250,677, translating to a price per square foot of $402. This valuation reflects a significant market signal, with a premium of 67.5% above the baseline rate for similar properties in the area. Such a disparity indicates robust demand and a competitive market positioning for this unit, suggesting that potential buyers are willing to pay a premium for the unique attributes and strategic location of the Queenstown district.

Analysing the data derived from 500 recent HDB resale transactions in the vicinity, the model confidence is rated as high, supporting the credibility of the valuation. The Queenstown area is known for its rich history and accessibility to key amenities including transport, educational institutions, and recreational facilities. As the remaining lease is a critical factor in HDB valuations, the 36-year lease presents a favorable opportunity for long-term investment, aligning with current market trends that favour properties with substantial remaining lease periods. This analysis underscores the dynamic interplay between lease tenure and market demand, positioning this HDB unit as a premium asset in a competitive landscape.