4 Room (4A) HDB for Sale in 53 Havelock Road

The subject property, a 4-room HDB unit located in the prestigious Queenstown district, presents an intriguing investment opportunity with an estimated value of $1,267,784, translating to $1,240 PSF. With a remaining lease of 86 years, this property is well-positioned within a vibrant neighborhood that has historically demonstrated strong demand. The valuation is supported by an analysis of 13 recent HDB resale transactions in the vicinity, which reflect a competitive market environment.

Notably, the current estimated value indicates a 11.7% difference from the baseline, categorizing this listing as a Good Deal within the local market context. This positive market signal suggests that investors and homeowners alike may find value in this property, especially considering the scarcity of available units in Queenstown. However, the model confidence level is assessed as Medium, indicating that while the data supports a favorable valuation, potential buyers should remain vigilant and conduct further due diligence. The dynamics of the local market, coupled with the longevity of the lease, position this HDB unit as a compelling asset for those looking to capitalize on the robust Singaporean real estate landscape.