4-Room HDB for Room Rent: 10B Boon Tiong Road

The valuation of the HDB 4-room unit in Queenstown, with an estimated value of $175,892 or $1,173 per square foot, reflects the current stability and resilience of the Singaporean HDB market. With a remaining lease of 87 years, this property benefits from a significant tenure, appealing to both owner-occupiers and investors looking for long-term appreciation potential. The pricing shows a market signal that aligns closely with the baseline, indicating that the property is well-positioned within the local market dynamics.

The model confidence in this valuation is rated as high, supported by a robust analysis of 184 recent HDB resale transactions in the vicinity. This substantial dataset underpins the reliability of the estimated value, suggesting that the property is competitively priced given the current market conditions. The 0% difference from the baseline indicates a balanced market, where supply and demand conditions are relatively stable, thus enhancing the attractiveness of Queenstown as a prime location for HDB living.