4-Room HDB for Room Rent: 101 Henderson Crescent

The valuation of the HDB 4-room unit in Queenstown, with a remaining lease of 43 years, stands at an estimated value of $36,300, translating to a price per square foot (PSF) of $363. This valuation reflects a market price that is consistent with the baseline, indicating a neutral market sentiment in the area. The recent analysis is based on 11 comparable HDB resale transactions in the vicinity, providing a robust data set for comparison and ensuring that the valuation remains reflective of the prevailing market conditions.

While the model confidence is rated as medium, it is essential to consider the implications of the remaining lease on the overall valuation. With 43 years left, potential buyers may weigh the lease duration heavily in their decision-making process, particularly in a market where leasehold properties are experiencing increased scrutiny. The stability in the market price suggests that demand for HDB units in Queenstown remains resilient, supported by the area's desirable amenities and connectivity. However, potential fluctuations in the resale market should be monitored closely, as they may influence future valuations and buyer sentiment.