2 Room HDB for Rent in 46 Jalan Bukit Ho Swee

The valuation of the HDB 2-room unit located in the vibrant district of Queenstown, with a remaining lease of 44 years, stands at an estimated value of $259,368, translating to a price per square foot (PSF) of $389. This valuation is particularly noteworthy as it reflects a market price that is currently in equilibrium, with a 0% difference from the baseline. Such stability in pricing suggests a balanced demand and supply dynamic within the HDB market in this locality, indicating that buyers are willing to pay a premium that aligns closely with the established market trends.

However, the model confidence for this valuation is categorized as low, highlighting potential challenges in the accuracy of the estimate. This designation may be attributed to the limited number of comparable transactions, with only six recent HDB resale transactions in the vicinity serving as a basis for this analysis. Investors and potential buyers should consider the implications of the remaining lease on the property’s long-term value, as well as the overall market dynamics that govern the HDB landscape in Queenstown. As the lease period diminishes, future valuation trends may shift, influencing buyer sentiment and market activity in this well-established residential area.