3-Room HDB for Room Rent: 30 Margaret Drive

The valuation of the HDB 3 Room unit in Queenstown, with a remaining lease of 94 years, stands at an estimated value of $169,480, translating to a price per square foot (PSF) of $1,130. This valuation reflects a market price that is consistent with the baseline, indicating stability in the local real estate environment. The Queenstown area, known for its strategic location and robust amenities, continues to attract both homeowners and investors, thus supporting the current pricing structure.

However, it is essential to note that the model confidence for this valuation is categorized as low, suggesting that there may be fluctuations or uncertainties in the market that could affect future pricing. The analysis is based on three recent HDB resale transactions in the vicinity, which, while providing some insights, may not fully capture the broader market dynamics at play. In a competitive property landscape, factors such as upcoming infrastructure developments, demographic shifts, and changes in government policies could influence the future value of this property significantly.