3 Room (3STD) HDB for Sale in 22 Havelock Road

The valuation of the 3-room HDB unit in Queenstown, with a remaining lease of 37 years, reflects a significant market signal, indicating an estimated value of $273,744 or $397 PSF. This valuation is positioned at an impressive 56.4% above the baseline, suggesting a robust demand for HDB properties in this well-established district. The elevated price point can be attributed to Queenstown's strategic location, appealing amenities, and its historical significance as one of Singapore's first satellite towns, which continues to attract both first-time buyers and investors alike.

Our analysis is backed by a comprehensive review of 500 recent HDB resale transactions within the vicinity, demonstrating a high level of confidence in the model's predictive accuracy. The premium valuation indicates not only the desirability of the property but also reflects broader market dynamics that favor long-term investment in the HDB sector. As leasehold properties like this one continue to be a focal point for homebuyers, the remaining lease of 37 years plays a crucial role in the overall valuation, with potential buyers weighing the longevity and implications of lease decay within their purchasing decisions.