3 Room (3STD) HDB for Sale in 95 Commonwealth Drive

The valuation of the HDB 3-room unit in Queenstown, with a remaining lease of 37 years, stands at an estimated value of $256,263, translating to $397 per square foot (PSF). This valuation is notably positioned above the market baseline by a significant 48.3%, indicating strong demand for housing in this desirable precinct. The elevated price per square foot reflects the ongoing interest in Queenstown, a mature estate that boasts proximity to key amenities and transport links, enhancing its appeal among potential buyers.

The model confidence in this valuation is classified as high, supported by an analysis of 500 recent HDB resale transactions in the vicinity. This extensive dataset underscores the robustness of the current market dynamics and reinforces the rationale behind the premium valuation. As the remaining lease period is a critical factor in HDB valuations, the 37 years left on this unit's lease presents both opportunities and considerations for prospective buyers, who are likely to weigh the longevity of their investment against the vibrant and evolving landscape of Queenstown.