4-Room HDB for Room Rent: 88 Redhill Close

The valuation of the HDB 4-room unit in Queenstown, with a remaining lease of 66 years, stands at an estimated value of $171,696, translating to a price per square foot (PSF) of $1,145. This valuation reflects a market signal indicating no deviation from the baseline price, suggesting that the property is competitively priced within the local market dynamics.

Analysis of recent transactions reveals that this valuation is supported by a robust model confidence rating of high, derived from an examination of 30 resale transactions in the vicinity. This data indicates a stable demand for HDB properties in Queenstown, a well-established and desirable residential area known for its strategic location and rich amenities. The consistent pricing further illustrates the resilience of the market despite fluctuations in broader economic conditions. Investors and homeowners alike can consider this valuation as a reliable benchmark for making informed decisions within the Queenstown HDB market.