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, reflects a current estimated value of $115,664, translating to a price per square foot (PSF) of $1,205. This valuation is particularly notable as it aligns perfectly with the baseline market price, indicating a stable market condition with no significant fluctuations observed. Such stability is indicative of a balanced demand and supply scenario in the Queenstown area, which is well-regarded for its strategic location and accessibility within Singapore.

The analysis is grounded in data drawn from 97 recent HDB resale transactions within the vicinity, lending a high degree of confidence to the model employed for this valuation. The consistent pricing observed suggests that potential buyers are willing to invest at this level, reinforcing the desirability of HDB properties in this locale. As Singapore continues to evolve, Queenstown remains a prime area, and the longevity of the remaining lease further enhances the appeal of this unit, presenting an attractive opportunity for both end-users and investors alike.