2 Bed Walk-up Apartment (Condo) for Rent in Seng Poh Road

The valuation of the HDB 3 Room property in Queenstown, with a remaining lease of 11 years, stands at an estimated value of $73,555, equating to a price per square foot (PSF) of $98. This valuation demonstrates a significant alignment with current market dynamics, as evidenced by the market price reflecting a 0% difference from the baseline. Such stability in pricing signals a balanced market where buyer and seller expectations are closely matched, underpinning the confidence in this valuation.

With a robust model confidence rating of high, this analysis is further supported by an examination of 22 recent HDB resale transactions in the vicinity. These transactions provide a solid foundation for our valuation, indicating a consistent demand for HDB properties within this locale. The remaining lease of 11 years is a critical factor, as properties with shorter leases can typically experience depreciation in value, yet Queenstown's strategic location and its ongoing developments may mitigate such risks. This juxtaposition of lease duration and market dynamics underscores the property’s potential resilience in the competitive HDB market.