3 Room HDB for Sale in 112 Commonwealth Crescent

The HDB 3 Room property located in Queenstown, with a remaining lease of 42 years, has been appraised at an estimated value of $199,554, translating to a price per square foot (PSF) of $343. This valuation places it significantly above the market baseline, with an impressive 85.4% difference, indicating a strong demand and desirability in this vibrant neighborhood. The high model confidence, based on a comprehensive analysis of 159 recent resale transactions in the vicinity, underlines the robustness of this valuation.

Queenstown, known for its strategic location and well-established amenities, continues to attract both homeowners and investors despite the aging lease. The substantial premium reflected in the estimate highlights the prevailing market dynamics, where buyers are willing to pay more for properties in sought-after districts. As the demand for HDB properties remains resilient, this valuation suggests a healthy outlook for the real estate sector in Queenstown, reinforcing its status as a prime residential area within Singapore.