3 Room HDB for Sale in 112 Commonwealth Crescent

In our comprehensive analysis of the HDB 3 Room property located in Queenstown, we observe an estimated value of $199,554, translating to a price per square foot (PSF) of $343. This valuation is notably positioned above the market baseline, reflecting a significant 85.4% difference from the established market norm. Such a premium valuation underscores the desirability of the Queenstown district, which is characterized by its strategic location and robust infrastructural development.

The remaining lease of 42 years for this property is a critical factor influencing its market appeal. While HDB properties typically experience depreciation as the lease term diminishes, the high market signal suggests that buyer confidence in Queenstown remains strong, possibly due to its proximity to amenities, reputable schools, and public transport links. The model confidence rating is classified as high, derived from a thorough review of 159 recent HDB resale transactions in the vicinity, reinforcing our belief in the robustness of this valuation amidst the current market dynamics.