3-Room HDB for Room Rent: 77 Indus Road

The valuation of the HDB 3-room unit in Queenstown, with a remaining lease of 45 years, stands at an estimated value of $94,323, translating to a price per square foot (PSF) of $472. This figure is particularly significant as it reflects a market price that is in alignment with the baseline, indicating a 0% variance. Such stability in pricing suggests a well-balanced demand and supply dynamic within the Queenstown HDB market. Given the area's strong historical performance and desirability, this valuation underscores the resilience of property values, even as lease tenures diminish.

With model confidence categorized as high, this valuation is supported by extensive data analysis drawn from 500 recent HDB resale transactions in the vicinity. This robust dataset enhances the reliability of the estimated value, ensuring that it accurately represents current market sentiments and conditions. The longevity of the lease remaining, coupled with the strategic location of Queenstown, positions this property as an attractive option for potential buyers, particularly those looking to invest in established neighborhoods that continue to exhibit strong fundamentals.