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 assessment identifies the property as being priced above the market average, with a significant 84.7% difference from the baseline value. Such a premium valuation indicates heightened demand in the Queenstown area, which is characteristic of its strategic location and evolving urban landscape.

Our analysis is based on a comprehensive review of 19 recent HDB resale transactions within the vicinity, providing a robust contextual framework for this valuation. The medium confidence level suggests that while the data supports the above-market pricing, external market fluctuations and the specific characteristics of the unit may influence future price dynamics. As the remaining lease is a critical factor in HDB valuations, prospective buyers should weigh the implications of a 40-year lease term against their long-term investment goals, particularly in a rapidly developing district like Queenstown.