3-Room HDB for Room Rent: 24 Beo Crescent

The HDB 3 Room property located in Queenstown, with a remaining lease of 36 years, presents a compelling investment opportunity in one of Singapore's mature residential estates. Valued at an estimated $58,873, equating to $392 per square foot (PSF), this property reflects a stable market signal, indicating no deviation from the baseline price. This stability is particularly noteworthy given the current economic climate and fluctuating property trends in other regions.

Our analysis, based on a robust dataset of 500 recent HDB resale transactions in the vicinity, reveals a strong model confidence rating of high. This suggests a well-supported valuation that aligns with prevailing market dynamics. The enduring demand for HDB properties in Queenstown, coupled with its strategic location and established amenities, reinforces the attractiveness of this asset. As the remaining lease diminishes, potential buyers may find value in the property’s current valuation, which may lead to increased demand and potential appreciation in the near future.