8 Bed Bungalow (Landed) for Sale in Shepherd's Hill Estate

The valuation of the HDB Executive unit located in Queenstown, with a remaining lease of 58 years, stands at an estimated value of $4,406,741, translating to a price per square foot of $734. This valuation is significantly above the market baseline, reflecting a remarkable 145.1% difference that positions this property as a premium offering within the local HDB landscape. Such a substantial premium suggests strong buyer sentiment and demand dynamics that are often influenced by Queenstown's strategic location, accessibility to amenities, and the overall desirability of the area.

Despite the medium confidence level associated with this valuation, the analysis is grounded in robust data from 11 recent HDB resale transactions in the vicinity. The elevated value can be attributed to several factors, including the limited availability of executive HDB units in a mature estate, which naturally creates upward price pressure. Additionally, the remaining lease period of 58 years provides a reasonable horizon for potential buyers and investors, balancing the need for long-term habitation with the appeal of capital appreciation in a thriving neighborhood. The current market signals indicate a healthy appetite for HDB properties, particularly in established districts like Queenstown, which are often favored for their unique blend of urban convenience and community living.