2 Room HDB for Rent in 163 Stirling Road

The HDB 2 Room property located in Queenstown, with a remaining lease of 43 years, is currently valued at an estimated price of $308,210, translating to a price per square foot (PSF) of $377. This valuation reflects a market price that is perfectly aligned with the baseline, indicating a stable market condition with no fluctuations in pricing trends for similar properties in the area. Such equilibrium suggests that buyer sentiment is consistent, and demand remains steady, which is particularly notable given the limited lease duration.

The model confidence in this valuation is categorized as medium, based on an analysis of 19 recent HDB resale transactions within the vicinity. This level of confidence implies that while the data reflects a reliable market snapshot, external factors—such as economic conditions and housing policies—could influence future valuations. As the Queenstown area continues to evolve, the potential for appreciation or depreciation in property values should be closely monitored, particularly in light of the remaining lease period. Investors and homeowners alike should consider these dynamics as they navigate the current real estate landscape.