4-Room HDB for Room Rent: 60 Strathmore Avenue

The valuation of the HDB 4-room unit located in Queenstown, with a remaining lease of 71 years, presents an estimated value of $116,485, which translates to a price per square foot (PSF) of $971. This valuation reflects a market price that stands at a 0% difference from the baseline, indicating that the property is currently being assessed at a level consistent with recent market trends in the area.

However, it is important to note that the model confidence for this assessment is classified as low, suggesting that the valuation may be subject to fluctuations based on market dynamics and recent transaction activities. The analysis is grounded in data from four recent HDB resale transactions in the vicinity, which may not fully capture the broader trends affecting property values in this sought-after district. As such, potential buyers and investors should consider the implications of the remaining lease period in conjunction with market conditions, as these factors can significantly influence the investment potential and future resale value of the property.