3 Room (3STD) HDB for Sale in 90 Commonwealth Drive

The valuation of the 3-room HDB unit in Queenstown, with a remaining lease of 40 years, stands at an estimated value of $427,460, translating to a price per square foot of $662 PSF. This valuation reflects a market signal with a modest 1.7% difference from the baseline, indicating a stable yet competitive market environment for HDB properties in this sought-after district. Queenstown, known for its strategic location and proximity to amenities, continues to be a desirable choice for both homeowners and investors alike.

With a model confidence rated as medium, the valuation is supported by an analysis of 9 recent HDB resale transactions within the vicinity. This data underscores the ongoing demand for HDB units in Queenstown, despite the diminishing leasehold period. As the remaining lease approaches the 40-year mark, it is essential for potential buyers to weigh the implications of lease decay against the property’s location advantages and the current market dynamics. Thus, this HDB unit presents a compelling opportunity for those looking to capitalize on the vibrant real estate landscape in Queenstown.