3-Room HDB for Room Rent: 36 Margaret Drive

The valuation of the HDB 3-room property in Queenstown, with a remaining lease of 94 years, stands at an estimated value of $153,008, translating to a price per square foot (PSF) of $1,275. This valuation reflects a critical assessment of the current market dynamics, showing a 0% difference from the baseline market price. Such stability in pricing indicates a balanced market where demand is effectively meeting supply, suggesting that this property is positioned well within the competitive landscape of HDB resale transactions.

With model confidence rated as high, our analysis is grounded in a comprehensive review of 71 recent HDB resale transactions in the vicinity. This robust dataset underpins the accuracy of the valuation, affirming that Queenstown continues to be a sought-after location for prospective homeowners. The remaining lease of 94 years enhances the property’s appeal, as it provides ample time for appreciation and investment opportunities, thereby reinforcing the viability of Queenstown as a prime residential area in Singapore.