2 Room (2I) HDB for Sale in 8 Jalan Kukoh

The valuation of the HDB 2 Room in Queenstown, with a remaining lease of 43 years, stands at an estimated value of $208,886, translating to a price per square foot (PSF) of $366. This valuation is notably positioned above the market baseline, reflecting a substantial premium of 48.4%. Such a divergence indicates robust demand dynamics within the Queenstown precinct, affirming its reputation as a highly sought-after location for HDB living.

The model confidence for this valuation is categorized as medium, suggesting that while the framework employed is sound, market fluctuations and individual property conditions may introduce variability. The assessment is informed by 19 recent HDB resale transactions in the vicinity, providing a comprehensive benchmark for comparative analysis. The strength of the Queenstown market can be attributed to its unique blend of accessibility, amenities, and community appeal, which continues to drive interest among homebuyers, even in the context of a declining lease term.