5 Room (5I) HDB for Sale in 73A Redhill Road

The valuation of the 5-room HDB property in Queenstown, with a remaining lease of 77 years, stands at an estimated value of $1,222,860, translating to $988 PSF. This valuation reflects the current market dynamics, with a marginal deviation of only 0.2% from the baseline price, indicating a stable demand within this affluent district. Queenstown, known for its rich heritage and proximity to key amenities, continues to attract homeowners looking for both convenience and community.

The model confidence for this valuation is classified as medium, supported by a robust dataset comprising 16 recent HDB resale transactions in the vicinity. This underscores a consistent performance in the local market, providing a strong foundation for the estimated value. The remaining lease of 77 years is particularly significant, as it positions the property favorably against market sentiments regarding leasehold properties in Singapore. As such, potential buyers and investors should consider Queenstown as a prime opportunity, balancing long-term investment potential with the cultural allure of the district.