4-Room HDB for Room Rent: 39A Margaret Drive

The valuation of the HDB 4-room unit in Queenstown, with a remaining lease of 94 years, stands at an estimated value of $180,705, translating to a price per square foot (PSF) of $1,205. This valuation places the property at a pivotal juncture within the current market landscape, as it reflects a market price that is consistent with the baseline, showing a zero percent difference. This stability in pricing suggests a balanced demand and supply dynamic in the Queenstown area, a district renowned for its strategic location and accessibility.

The model confidence for this valuation is marked as high, bolstered by a robust dataset comprising 93 recent HDB resale transactions in the vicinity. This substantial volume of transactions provides a solid foundation for the estimation, ensuring that the value is reflective of current market conditions and sentiments. The remaining lease of 94 years is a significant factor, as it offers potential buyers a considerable tenure, appealing to both investors and owner-occupiers alike. As Queenstown continues to evolve as a prime residential hub, the stability of this valuation indicates a resilient market poised for continued interest and growth.