4-Room HDB for Room Rent: 61A Strathmore Avenue

The valuation of the 4-room HDB unit in Queenstown, with an estimated value of $1,518,574, reflects a current market price of $1,011 per square foot. This valuation indicates a stable market condition, as evidenced by a 0% difference from the baseline price, suggesting that this property is priced in alignment with recent trends observed in the vicinity. The remaining lease of 83 years adds a layer of appeal for potential buyers, as properties with longer leases typically attract more interest and retain value better over time.

However, the model confidence is rated as low, which implies that there may be underlying variables affecting the valuation that have not been fully captured in the analysis. The reliance on only six recent resale transactions further underscores the need for caution, as a limited dataset can lead to skewed perceptions of the market dynamics. As such, while the current valuation appears robust, prospective buyers should consider broader market trends and the overall health of the HDB resale sector in Queenstown before making investment decisions.