2 Room (2I) HDB for Sale in 88 Commonwealth Close

The valuation of the HDB 2 Room unit in Queenstown, with a remaining lease of 37 years, presents an intriguing case study within the current Singapore real estate landscape. At an estimated value of $160,135, translating to $324 per square foot, this property is positioned above the market average, reflecting a significant 124.8% variance from the baseline. The data is supported by an analysis of 13 recent HDB resale transactions in the vicinity, reinforcing the notion that Queenstown remains a desirable locale within the HDB market.

Despite the medium confidence level in the model, the pronounced market signal indicates a robust demand for HDB properties in this area, possibly driven by factors such as proximity to key amenities and transportation links. The remaining lease of 37 years is a critical element in this valuation, as it influences both buyer sentiment and future resale potential. As the market continues to evolve, stakeholders should closely monitor the dynamics at play, as fluctuations in lease duration and market conditions may significantly impact property values in the years to come.