4 Room (4A) HDB for Sale in 61B Strathmore Avenue

The valuation of the HDB 4-room unit in Queenstown, with a remaining lease of 83 years, stands at an estimated value of $1,106,707, equating to $1,049 PSF. This valuation reflects a 2.1% variance from the baseline market price, indicating a relatively stable position within the current market dynamics. However, the model confidence associated with this valuation is categorized as low, suggesting that while the price is grounded in recent transactional data, there exist variables that may influence future value appreciation or depreciation.

In analyzing the local market, it is pertinent to consider that this valuation is derived from a modest sample size of five recent HDB resale transactions in the vicinity. The Queenstown area, known for its strategic location and amenities, continues to attract interest from buyers, yet the low model confidence highlights potential fluctuations in demand and market conditions. Factors such as economic trends, changes in policy regarding leasehold properties, and shifts in buyer demographics could significantly impact the resale value of this property moving forward.