2 Room HDB for Sale in 95 Dawson Road

The valuation of the HDB 2 Room property in Queenstown, with a remaining lease of 93 years, stands at an estimated value of $853,535, translating to a price per square foot (PSF) of $1,259. This valuation reflects a significant market signal, indicating a price that is 5.3% above the baseline for similar properties in the vicinity. Such a premium suggests strong demand for housing in this area, which is characterized by its strategic location and robust amenities.

However, it is important to note that the model confidence for this valuation is categorized as low. This indicates a potential volatility in the market or a discrepancy in data, derived from only three recent HDB resale transactions in the surrounding area. Investors and potential buyers should approach this valuation with cautious optimism, considering the dynamic nature of the real estate market in Singapore. The enduring lease of 93 years remains a significant asset, providing a long-term horizon for appreciation, but market dynamics could influence the property’s future value trajectory.