3 Room (3A) HDB for Sale in 53 Commonwealth Drive

The valuation of the HDB 3-room property in Queenstown, with a remaining lease of 88 years, stands at an estimated value of $901,359, translating to a price per square foot (PSF) of $1,329. This figure places the property within a favorable market position, as indicated by the 12.4% difference from the baseline valuation, marking it as a good deal in the current real estate landscape.

The valuation is derived from a comprehensive analysis of 18 recent HDB resale transactions in the vicinity, providing a robust dataset that enhances the reliability of this estimate. With a medium model confidence, it is essential to consider the dynamics of the Queenstown area, which has historically been recognized for its strategic location and vibrant community living. The remaining lease of 88 years further adds to the attractiveness of the property, offering potential buyers a long-term investment opportunity in a district that continues to appreciate in value.