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

In the vibrant district of Queenstown, the valuation of a HDB 5-room unit reflects the intricate dynamics of the local housing market. With a remaining lease of 79 years, the estimated value stands at $1,304,703, translating to a price per square foot (PSF) of $1,102. This valuation is characterized by a market signal indicating a 4.2% difference from the baseline, suggesting a moderate appreciation in value compared to recent trends.

The model confidence for this valuation is assessed as low, primarily due to the reliance on only two recent HDB resale transactions in the vicinity for comparative analysis. This limited data set may not fully capture the nuanced market fluctuations that can influence pricing, particularly in a rapidly evolving area like Queenstown. Potential buyers and investors should consider the implications of the remaining lease on long-term value, as well as the broader economic factors at play in the Singapore real estate landscape.