4-Room HDB for Room Rent: 49 Strathmore Avenue

The valuation of the HDB 4-room unit in Queenstown, with a remaining lease of 79 years, stands at an estimated value of $192,522, translating to a price per square foot (PSF) of $1,070. This valuation reflects a market price that aligns perfectly with the baseline, indicating a stable demand within this well-established neighborhood. Queenstown is recognized for its strategic location and accessibility, further solidifying its appeal among prospective buyers and investors alike.

Recent market analysis, based on 10 resale transactions in the vicinity, reveals a medium confidence level in this valuation, suggesting that while the data is reliable, external market factors could influence future price movements. The flat market signal indicates that current pricing trends are stabilizing, which may reflect the broader economic landscape and buyer sentiment. As the remaining lease of this property is substantial at 79 years, it positions the unit favorably in the eyes of buyers who prioritize longevity and future resale potential. Overall, this HDB unit exemplifies a sound investment opportunity in a sought-after locale.