4 Room (4A) HDB for Sale in 118A Jalan Membina

This report presents an in-depth analysis of a 4-room HDB unit located in the highly sought-after Queenstown estate, with a remaining lease of 74 years. The estimated value for this property is pegged at $891,964, translating to a price per square foot (PSF) of $920. This valuation is notably positioned above market, reflecting a significant 6.5% premium over the baseline established within the current market dynamics.

The high model confidence, derived from the evaluation of 53 recent HDB resale transactions in the vicinity, reaffirms the robustness of this valuation. Queenstown, characterized by its strategic location and accessibility, continues to attract buyers, contributing to sustained demand within the HDB market. The remaining lease of 74 years further enhances the property’s appeal, as it strikes a balance between long-term investment potential and immediate habitation needs. As urban development in the area continues to evolve, this unit’s premium valuation reflects not only its intrinsic value but also the broader market sentiment towards HDB living in established neighborhoods.