5 Room (5I) HDB for Sale in 76A Redhill Road

The valuation of the HDB 5-room unit in Queenstown, with a remaining lease of 77 years, stands at an estimated value of $1,240,535, translating to a price per square foot (PSF) of $1,002. This valuation reflects a 3.3% deviation from the baseline market price, indicating a slight premium which could be attributed to the area's desirability and historical appreciation trends. Queenstown, recognized for its strategic location and vibrant community, continues to attract both owner-occupiers and investors, contributing to sustained interest in HDB properties within this precinct.

Based on an analysis of 18 recent HDB resale transactions in the vicinity, the model confidence in this valuation is rated as medium, suggesting a reasonable degree of reliability given the existing market conditions. The remaining lease period of 77 years is critical in assessing the long-term investment potential of this property; as leasehold properties age, buyer sentiment can fluctuate significantly. However, Queenstown’s established reputation and ongoing infrastructural developments position it favorably within the broader Singapore real estate landscape, potentially mitigating the impact of any leasehold concerns.