Premium HDB for Sale in 89 Dawson Road

The valuation of the 4-room HDB property in Queenstown, with a remaining lease of 89 years, stands at an estimated value of $1,034,007, translating to a price per square foot (PSF) of $1,158. This valuation positions the property as notably above the market average, reflecting a 6.4% premium compared to baseline prices in the area. Such an elevation in value can be attributed to various factors, including Queenstown's strategic location, robust infrastructure, and ongoing urban development initiatives that enhance the desirability of the neighborhood.

Despite a medium confidence level in this valuation, the analysis is supported by a robust dataset of 16 recent HDB resale transactions within the vicinity. The sustained demand for properties in Queenstown, coupled with the limited supply of HDB units with extended leases, indicates a resilient market dynamic. As potential buyers increasingly seek homes in well-connected and established estates, properties like this HDB unit are likely to maintain their value, making them a sound investment for discerning homeowners and investors alike.