2 Room (2STD) HDB for Sale in 28 Hoy Fatt Road

The valuation of the HDB 2-room unit in Queenstown, with a remaining lease of 40 years, stands at an estimated value of $172,154, translating to a price per square foot (PSF) of $341. This valuation is notably above the market average, reflecting an 84.7% difference from the baseline. Such a premium suggests that the property is perceived to hold significant value within its locality, driven by various intrinsic and extrinsic market factors.

Queenstown, known for its strategic location and rich historical legacy, continues to attract both homebuyers and investors alike. The model confidence of this valuation is categorized as medium, which indicates a reasonable level of uncertainty influenced by the recent fluctuations in the HDB resale market. The assessment is supported by a comprehensive analysis of 19 recent transactions in the vicinity, providing a robust comparative framework. As demand for HDB flats in this district remains resilient, the enduring appeal of Queenstown is likely to contribute positively to the long-term value of this property, despite the remaining lease period.