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

The HDB 4-room property located in the highly sought-after Queenstown area, with a remaining lease of 86 years, has been valued at an estimated price of $950,599, translating to approximately $939 per square foot (PSF). This valuation is notably positioned above the current market baseline, reflecting a 10.5% premium. Such a significant markup indicates robust demand dynamics in the Queenstown precinct, likely driven by its strategic location and the growing appeal of the surrounding amenities and infrastructure.

However, it is crucial to note that the model confidence associated with this valuation is low, based on an analysis of only five recent HDB resale transactions in the vicinity. This limited dataset suggests potential volatility in market trends and highlights the necessity for caution when interpreting the premium valuation. Investors and buyers should consider the implications of the remaining lease period in relation to their long-term investment strategy, as it plays a pivotal role in determining future resale potential and overall asset appreciation in a competitive market like Singapore.