3-Room HDB for Room Rent: 47 Tanglin Halt Road

The valuation of the HDB 3-room unit in Queenstown, with a remaining lease of 37 years, stands at an estimated value of $34,972, translating to $397 per square foot (PSF). This valuation indicates a remarkable stability in the current market, with a 0% variance from the baseline price, suggesting that the property is accurately priced in alignment with prevailing market conditions. Such stability is indicative of a robust demand for HDB properties in the Queenstown area, a region traditionally characterized by its strong residential appeal and proximity to essential amenities.

Our analysis is grounded in a comprehensive review of 500 recent HDB resale transactions in the vicinity, which supports a high model confidence rating for this valuation. The property’s remaining lease plays a significant role in its marketability, as buyers typically favor longer remaining leases when considering their investment. In this context, the 37-year lease provides a balanced opportunity for potential homeowners or investors seeking both a livable space and a sound investment. As the Queenstown area continues to evolve with ongoing urban development, this property stands poised to benefit from future appreciation, making it an attractive option in the current real estate landscape.