2 Room (2I) HDB for Rent in 81 Commonwealth Close

The valuation of the HDB 2 Room unit in Queenstown, with a remaining lease of 37 years, is estimated at $165,003, translating to a price per square foot of $327 PSF. This assessment reflects a strategic positioning within the Singapore housing market, particularly in a mature estate known for its accessibility and community amenities. The valuation indicates that the property is currently at market price, showcasing a 0% difference from the baseline, which suggests stability in demand and pricing in this segment of the HDB market.

However, it is important to note that the model confidence surrounding this valuation is classified as low, which indicates potential volatility or uncertainty in the market dynamics affecting this property. The valuation is based on only two recent HDB resale transactions in the vicinity, highlighting a limited data set that could influence the robustness of the analysis. Prospective buyers and investors should consider these factors in relation to the remaining lease period, as longer leases typically command higher valuations in the HDB market, especially in sought-after districts like Queenstown.