4-Room HDB for Room Rent: 49 Strathmore Avenue

The subject property under analysis is a 4-room HDB unit located in the highly sought-after district of Queenstown, featuring a remaining lease of 93 years. The estimated value of this unit stands at $162,001, which translates to an impressive $1,080 per square foot (PSF). This valuation reflects a stable market price, with a notable 0% difference from the baseline, indicating that the property is priced in line with current market trends and demand.

Our analysis is grounded in a robust dataset comprising 489 recent HDB resale transactions within the vicinity, lending a high level of confidence to this valuation. The Queenstown area has historically demonstrated resilience in terms of property value appreciation, driven by its strategic location, accessibility, and ongoing urban development initiatives. The strong model confidence suggests that the market dynamics are favorable for both buyers and sellers, as the property holds its value well amidst fluctuating economic conditions. Stakeholders are encouraged to consider this unit not only as a residence but also as a strategic investment opportunity in a thriving community.