5 Room (5I) HDB for Rent in 131 Clarence Lane

The valuation of the HDB 5-room unit in Queenstown, with a remaining lease of 67 years, stands at an estimated value of $1,125,872 or $857 PSF. This valuation reflects a market price that is consistent with the baseline, indicating no significant deviation from the prevailing market trends. Such stability in pricing can be indicative of a balanced demand and supply scenario in the area, although it is important to note that the model confidence for this valuation is categorized as low due to the limited dataset, with only one recent resale transaction influencing the analysis.

Queenstown remains a sought-after location given its strategic position and accessibility to amenities, which can enhance the attractiveness of this HDB unit. However, the current remaining lease of 67 years may play a critical role in potential buyers' decision-making processes, as properties with shorter leases tend to experience more scrutiny in valuation. Investors and homeowners alike should consider these dynamics when assessing the long-term viability and appreciation potential of HDB properties in this vibrant enclave.