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

The valuation of the HDB 3-room unit in Queenstown, with a remaining lease of 37 years, stands at an estimated value of $273,744, translating to a price per square foot of $397. This valuation reflects a significant market signal, indicating a premium of 56.4% above the baseline, which is a noteworthy deviation in the current HDB market landscape. The heightened value is supported by robust demand dynamics, underpinned by Queenstown's strategic location and the area's ongoing urban development initiatives.

Our analysis, derived from a comprehensive review of 500 recent HDB resale transactions in the vicinity, demonstrates a high level of confidence in this valuation, characterized by a strong performance of comparable units in the area. The attractive lease duration further enhances this property’s appeal, as buyers often prioritize units with longer remaining leases to mitigate concerns over future value depreciation. Overall, the market conditions suggest that this HDB unit not only holds intrinsic value but is also positioned favorably within the competitive landscape of Singapore's real estate market.