4 Room (4A) HDB for Sale in 56 Havelock Road

The valuation of the 4-room HDB unit located in the highly sought-after district of Queenstown reflects a premium positioning within the current market landscape. With an estimated value of $950,599 or $939 PSF, this property commands a notable 10.5% premium above the baseline valuation. This elevated pricing suggests a robust demand for HDB units in this area, which is underpinned by Queenstown's strategic location and its historical significance as an established residential enclave.

However, it is crucial to note the remaining lease of 86 years, which plays a pivotal role in the valuation dynamics of HDB properties in Singapore. While the remaining lease is substantial, the model confidence is rated as low, indicating potential variances in market sentiment and valuation accuracy. The assessment is based on a limited dataset of just five recent resale transactions in the vicinity, which may not fully capture the broader market trends. As such, prospective buyers should consider both the strong market signals and the inherent uncertainties when evaluating this property as a potential investment.