4 Room (4A) HDB for Sale in 32 Margaret Drive

The valuation of the 4-room HDB property located in Queenstown reflects a noteworthy estimated value of $1,115,109, translating to a price per square foot (PSF) of $1,178. This valuation positions the property 6.6% above the baseline market rate, indicating a robust demand for HDB units in this desirable estate. Queenstown, known for its strategic location and extensive amenities, continues to attract a diverse demographic, from young professionals to families, thereby sustaining competitive pricing in the resale market.

However, it is crucial to note that the model confidence for this valuation is categorized as low, which suggests a degree of uncertainty influenced by various market dynamics. The assessment is based on a limited dataset of six recent HDB resale transactions within the vicinity, which may not fully encapsulate the broader market trends or the unique attributes of the subject property. As such, potential buyers and investors should exercise diligence when interpreting this valuation, considering both the remaining lease of 94 years and the evolving landscape of HDB resale values.