3 Room (3STD) HDB for Sale in 29 Lim Liak Street

The valuation of the 3-room HDB in Queenstown, with a remaining lease of 22 years, stands at an estimated value of $258,444, translating to a price per square foot (PSF) of $320. This valuation is classified as above market, reflecting a significant 220.4% difference from the baseline assessment. Such a premium valuation indicates strong demand dynamics within the Queenstown precinct, which is characterized by its strategic location and proximity to key amenities and transport links.

However, despite the attractive price point, the model's confidence in this valuation is categorized as low, primarily due to the reliance on only three recent HDB resale transactions in the vicinity. This limited data set may not adequately capture the broader market trends or fluctuations, which are essential in providing a robust valuation framework. Potential buyers and investors should consider the implications of the remaining lease on long-term value appreciation, as well as the overall market sentiment in the HDB segment of Queenstown.