4-Room HDB for Room Rent: 269B Queen Street

The valuation of the HDB 4 Room unit in Queenstown, with a remaining lease of 56 years, stands at an estimated value of $123,850, translating to a price per square foot (PSF) of $826. This assessment is grounded in a robust analysis of 490 recent HDB resale transactions in the vicinity, which provides a substantial data set for accurate market evaluation. The model confidence is rated as high, indicating a strong reliability in the valuation derived from current market trends and historical performance.

Interestingly, the market price reflects a 0% difference from the baseline, suggesting that this property is aligned with prevailing market conditions. This equilibrium indicates a stable demand for HDB units in Queenstown, which is bolstered by the area's strategic location and the community amenities it offers. With a remaining lease of 56 years, potential buyers and investors should consider the implications of lease duration on long-term investment viability, as well as how it interacts with the overall market dynamics in this sought-after estate.