1 Bed Walk-up Apartment (Condo) for Rent in Tiong Bahru Estate

The valuation of the HDB 2 Room unit in Queenstown, with a remaining lease of 75 years, stands at an estimated value of $238,103, translating to a price per square foot (PSF) of $794. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is priced in alignment with current market trends. The high model confidence, derived from the analysis of 37 recent HDB resale transactions in the vicinity, reinforces the reliability of this valuation.

Queenstown remains a sought-after locale, characterized by its strategic location and robust amenities. The property’s substantial remaining lease of 75 years provides a significant advantage, ensuring long-term residential stability and investment potential. Given the overall market dynamics, the pricing reflects a current equilibrium, indicating that while there is demand for such units, sellers are also cognizant of the prevailing market conditions. This valuation serves as a key indicator for both buyers and investors navigating the HDB landscape in Singapore.