Premium HDB for Sale in 87 Dawson Road

The valuation of the HDB 4 Room unit in Queenstown, with a remaining lease of 88 years, stands at an estimated value of $1,218,531, which translates to $1,302 per square foot. This valuation positions the property above the market baseline by 6.7%, indicating a strong demand and positive sentiment within this sought-after locale. The premium pricing reflects not only the intrinsic value of the property itself but also the desirability of Queenstown as a residential hub, characterized by its strategic location and vibrant community amenities.

Our analysis, based on 8 recent HDB resale transactions in the vicinity, reveals a medium level of model confidence, suggesting that while the data supports this valuation, external market factors may still influence future price adjustments. The remaining lease of 88 years is a critical aspect, as properties with longer leases typically command higher prices due to the perceived longevity and investment potential. In the current market, where lease decay can significantly impact property values, this unit’s relatively long lease remains a compelling factor for prospective buyers, enhancing its marketability in a competitive environment.