4 Room (4S) HDB for Sale in 104 Henderson Crescent

The HDB 4 Room property located in the esteemed Queenstown district, with a remaining lease of 40 years, presents a remarkable valuation of $279,255, translating to a price per square foot (PSF) of $350. This valuation positions the property above the market average, reflecting a 97% difference from the baseline established through comparative analysis of recent sales. While the Queenstown area is known for its strategic connectivity and vibrant community amenities, the elevated valuation raises questions regarding the sustainability of such pricing in the context of the remaining lease period.

Market dynamics suggest that while Queenstown remains a desirable locale, the current estimated value exhibits a low model confidence, indicating potential volatility in future transactions. The analysis is drawn from seven recent HDB resale transactions in the vicinity, which reveal varying degrees of buyer interest and price acceptance. As the remaining lease diminishes, it will be crucial for potential buyers to weigh the premium pricing against the implications of lease decay, particularly in a market that is increasingly sensitive to long-term investment value.