4 Room (4A) HDB for Sale in 83 Strathmore Avenue

The valuation of the 4-room HDB property located in Queenstown, with a remaining lease of 68 years, stands at an estimated value of $963,113, translating to $877 per square foot. This figure reflects a significant premium over the baseline market value, with a striking 24.6% differential. Such an above-market valuation suggests a heightened demand for properties in this esteemed precinct, driven by Queenstown's strategic location and vibrant community amenities.

However, it is essential to note that the model confidence in this valuation is categorized as low, indicating potential volatility in the market dynamics. The assessment was derived from three recent HDB resale transactions in the vicinity, which provides a limited yet informative snapshot of the local market trends. As the remaining lease term diminishes, potential buyers may exhibit varying degrees of sensitivity to the leasehold status, particularly in an evolving real estate landscape where lease decay can significantly impact property desirability and valuation.