3 Room HDB for Rent in 171 Stirling Road

This valuation report presents an in-depth analysis of a 3-room HDB property located in the desirable Queenstown area, currently valued at approximately $299,458, equating to $374 per square foot. With a remaining lease of 43 years, this property sits at a pivotal juncture where the diminishing lease period may influence buyer sentiment, particularly among potential investors and owner-occupiers who may have varying appetites for shorter lease terms. The valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that this property is currently priced in line with recent comparable sales in the vicinity.

Our analysis is grounded in data derived from six recent HDB resale transactions in Queenstown, providing a solid yet limited market perspective. The model confidence is categorized as low, which indicates a level of uncertainty in the valuation derived from the available data. This uncertainty could be attributed to fluctuations in market demand or shifts in buyer preferences within the HDB sector, particularly in light of the remaining lease period. As such, potential investors and stakeholders are encouraged to exercise caution and consider the broader market dynamics at play when evaluating this asset.