3 Bed Walk-up Apartment (Condo) for Sale in Tiong Bahru Estate

The valuation of the HDB 4 Room unit in Queenstown, with a remaining lease of 75 years, is estimated at $998,784, translating to approximately $1,055 per square foot (PSF). This valuation positions the property 8.9% above the baseline market value, suggesting a premium that reflects the desirability of the Queenstown area, known for its strategic location and amenities.

However, it is essential to note the low model confidence associated with this valuation, which is derived from only two recent HDB resale transactions in the vicinity. This limited dataset may not fully represent the broader market dynamics and could indicate potential fluctuations in buyer sentiment or demand. As the remaining lease period of 75 years is considered, prospective buyers should weigh the implications of lease decay against the buoyancy of the local HDB market, particularly in a region that continues to attract interest due to its proximity to the Central Business District and various lifestyle offerings.