5 Room (5I) HDB for Sale in 48 Strathmore Avenue

The valuation of the HDB 5 Room unit in Queenstown reflects a current estimated value of $1,304,703, translating to a price per square foot (PSF) of $1,102. With a remaining lease of 79 years, this property is positioned within a well-established neighborhood that continues to attract both families and young professionals seeking proximity to the city center. The slight market price adjustment of 0.4% from the baseline indicates a relatively stable demand, suggesting that buyers are still willing to invest in properties within this sought-after locale despite prevailing market fluctuations.

However, the model confidence for this valuation is categorized as low, primarily due to the limited data set from only two recent HDB resale transactions in the vicinity. This scarcity of comparables may indicate a potential volatility in pricing trends, signaling caution for prospective buyers and investors. It is essential to monitor the evolving market dynamics as they may impact the future value of this property, especially considering the implications of lease duration on overall investment attractiveness in the HDB market.