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

The valuation of the HDB 4 Room property in Queenstown, with a remaining lease of 86 years, is currently pegged at an estimated value of $950,599 or $939 PSF. This assessment indicates that the property is positioned above the market average, reflecting a significant 10.5% premium over the baseline valuation. Such an increase underscores the prevailing demand dynamics in the Queenstown area, which has historically been a sought-after location due to its strategic connectivity and proximity to amenities.

However, it is essential to note that the model confidence for this valuation is categorized as low, suggesting variability in market conditions and potential external influences that could affect future pricing. The valuation is based on insights derived from five recent HDB resale transactions within the vicinity, which provide a foundational reference yet may not capture broader market fluctuations comprehensively. Investors and potential buyers should remain cognizant of these factors, particularly the implications of the remaining lease period, which plays a crucial role in long-term investment viability in HDB properties.