5 Room (5I) HDB for Sale in 22 Queen's Close

The valuation of the HDB 5-room unit in Queenstown, with a remaining lease of 67 years, stands at an estimated value of $1,236,123, translating to a price per square foot (PSF) of $926. This valuation is indicative of the current market dynamics, showcasing a 4.3% difference from the baseline market price. Such a premium in valuation reflects the desirability of Queenstown as a residential enclave, given its rich heritage and strategic location within Singapore.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset derived from only four recent HDB resale transactions in the vicinity. This constraint may affect the robustness of the valuation, suggesting that potential buyers and investors should exercise caution and conduct further due diligence. As the remaining lease of 67 years is still considerable, it presents a unique opportunity for prospective homeowners, albeit with the backdrop of fluctuating market conditions that could influence future resale values.