3 Room (3S) HDB for Rent in 28 Hoy Fatt Road

The HDB 3-room property located in the esteemed Queenstown district, with a remaining lease of 40 years, is currently valued at an estimated $204,607, translating to a price per square foot (PSF) of $317. This valuation reflects a stable market condition, with the property’s estimated value showing no deviation from the baseline market price. Such stability indicates a balanced demand and supply dynamic within this sought-after locale, which is characterized by its proximity to urban amenities and established community infrastructure.

The model confidence in this valuation is classified as high, backed by a robust dataset comprising 149 recent HDB resale transactions in the vicinity. This strong analytical foundation underscores the consistency of pricing trends in Queenstown, suggesting that potential buyers can expect a reliable investment trajectory in this area. As the market continues to evolve, the remaining lease of 40 years will be a pivotal consideration for future resale prospects, particularly as buyers weigh the implications of leasehold properties in Singapore's competitive real estate landscape.