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

The valuation of the HDB 3 Room unit in Queenstown, with a remaining lease of 75 years, stands at an estimated value of $416,174, translating to a price per square foot (PSF) of $621. This valuation indicates a stable market position, as it reflects a 0% difference from the baseline market price. Such stability in pricing suggests a balanced demand and supply dynamic within this highly sought-after neighborhood, renowned for its strategic location and proximity to essential amenities and transport links.

Analyzing the market conditions further, the model's confidence in this valuation is categorized as medium, primarily supported by data derived from 18 recent HDB resale transactions within the vicinity. This sample size offers a reasonable cross-section of market activity, although the medium confidence level also underscores the necessity for potential buyers and investors to remain vigilant for fluctuations in market sentiment. Queenstown's enduring appeal, buoyed by ongoing urban developments, continues to foster a robust interest in HDB properties, making this unit an attractive proposition for both homebuyers and investors alike.