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

The valuation of the HDB 5 Room unit in Queenstown, with a remaining lease of 79 years, stands at an estimated value of $1,304,703, translating to a price per square foot of $1,102. This valuation reflects a market price that is surprisingly close to the baseline, showing only a 0.4% variance. Such stability indicates a relatively balanced demand and supply scenario in the Queenstown region, a notable characteristic amidst the fluctuating dynamics of the Singaporean property market.

However, it is important to acknowledge the low confidence level associated with this model valuation, primarily driven by the limited dataset of only two recent HDB resale transactions within the vicinity. This highlights the necessity for potential buyers and investors to approach the valuation with a discerning eye, considering the potential for market volatility, especially given the remaining lease period. As the HDB market continues to evolve, both lease duration and local transaction trends will remain critical factors influencing property values in Queenstown and similar locales.