3 Room (3I) HDB for Sale in 166 Stirling Road

The valuation of the HDB 3 Room unit in Queenstown, with a remaining lease of 43 years, stands at an estimated value of $213,087, translating to approximately $330 per square foot. This valuation reflects a significant market signal, indicating a pricing level that is 87.7% above the baseline valuation for similar properties in the area. Such a discrepancy suggests a premium placed on this unit, potentially driven by factors such as location desirability, proximity to established amenities, and the overall appeal of the Queenstown locale.

However, it is crucial to note that the model confidence for this valuation is categorized as low, which is attributed to the limited dataset comprising only two recent HDB resale transactions in the vicinity. This scarcity of comparable data may imply volatility in market conditions or a lack of sufficient transaction frequency to draw robust conclusions. Consequently, while the elevated valuation may attract attention, prospective buyers should approach with caution, considering the implications of the remaining lease period and the broader market dynamics influencing HDB prices in Queenstown.