Premium HDB for Sale in 39A Margaret Drive

The valuation of the HDB 5-room unit in Queenstown reflects a significant market signal, indicating an estimated value of $1,559,598 or $1,342 PSF, which stands 7.7% above the baseline market rate. This premium valuation can be attributed to several key factors, including the property's strategic location within a mature estate, characterized by excellent connectivity and a robust network of amenities. Queenstown has consistently been a sought-after area for both homebuyers and investors, given its proximity to the central business district and a range of lifestyle offerings.

Moreover, with a remaining lease of 94 years, the long tenure adds a layer of security for potential homeowners, enhancing its appeal in a competitive market. The model confidence rating of medium suggests that while the valuation is informed by data from 10 recent HDB resale transactions in the vicinity, there may be fluctuations in buyer sentiment and market conditions that could impact future valuations. As the demand for quality HDB units continues to rise, this property stands as a testament to the enduring value of Queenstown in Singapore's dynamic real estate landscape.