3 Room (3STD) HDB for Rent in 101 Commonwealth Crescent

The valuation of the HDB 3-room unit in Queenstown, with a remaining lease of 43 years, stands at an estimated value of $215,906, equating to a price per square foot (PSF) of $360. This valuation reflects a market signal that shows no difference from the baseline, indicating a stable pricing environment in this sought-after residential enclave. Queenstown's strategic location and mature infrastructure contribute to its appeal, particularly among families and young professionals looking for proximity to amenities and public transport.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set available for analysis, with only one recent HDB resale transaction in the vicinity. This scarcity of transactional data may affect the reliability of the estimated value, suggesting that potential buyers should proceed with caution. As the remaining lease period is moderately long, it retains a degree of marketability; however, buyers should remain vigilant regarding the implications of leasehold properties as they approach the end of their lease terms. Overall, while the current valuation aligns with market trends, prospective investors should consider the broader economic signals and the long-term viability of their investment in the context of Singapore's dynamic real estate landscape.