3 Room (3I) HDB for Sale in 164 Stirling Road

The valuation of the HDB 3-room property located in Queenstown reflects a noteworthy market signal, currently estimated at $257,112, translating to $314 per square foot. This valuation is positioned significantly above the market benchmark, indicating a 55.5% premium over the baseline. Such a discrepancy suggests a heightened demand for properties in this locality, which can be attributed to various factors, including Queenstown's strategic location and established community amenities.

However, it is imperative to approach this valuation with caution, given the low model confidence derived from only six recent HDB resale transactions in the area. This limited dataset may not fully capture the nuances of the current market dynamics and buyer sentiment. Furthermore, with a remaining lease of 42 years, potential buyers should consider the implications of leasehold tenure on the property’s long-term value. In essence, while the current valuation signifies a robust interest in Queenstown's HDB market, stakeholders should remain vigilant and conduct thorough due diligence to navigate the complexities of leasehold properties.