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

The valuation of the HDB 4-room property in Queenstown, with a remaining lease of 87 years, stands at an estimated value of $210,748, translating to a price per square foot (PSF) of $1,171. This valuation reflects the current market conditions in the vicinity, showing a 0% difference from the baseline, indicating a stable pricing environment. Such resilience in pricing is particularly noteworthy given the competitive landscape of Singapore's real estate market, where demand for HDB units remains robust despite external economic fluctuations.

The model confidence is categorized as high, based on an extensive analysis of 185 recent HDB resale transactions in the area. This substantial dataset enhances the reliability of the valuation, demonstrating a consistent market interest in Queenstown, a sought-after location known for its strategic connectivity and evolving urban landscape. The longevity of the lease period, coupled with the area's appealing attributes, positions this property favorably for both potential homeowners and investors, reflecting a keen understanding of the underlying market dynamics at play.