Premium HDB for Sale in 53 Strathmore Avenue

The valuation of the HDB 3-room unit in Queenstown, with a remaining lease of 79 years, stands at an estimated value of $884,904, translating to a robust $1,327 per square foot (PSF). This valuation reflects a 4.1% difference from the baseline market price, indicating a slight premium for this property relative to comparable units in the vicinity. The demand for HDB properties in Queenstown, a well-established estate known for its strategic location and accessibility, plays a pivotal role in supporting this valuation.

Based on an analysis of 17 recent resale transactions in the area, the model confidence is categorized as medium, suggesting a balanced market sentiment where buyers and sellers are actively engaging. The remaining lease of 79 years remains a crucial factor, as properties with longer leases generally command higher prices due to perceived value retention over time. This valuation underscores the resilience of the Queenstown HDB market, which continues to attract interest despite broader economic fluctuations, positioning itself as a desirable choice for both homeowners and investors alike.