3-Room HDB for Room Rent: 90 Tanglin Halt Road

The valuation of the 3-room HDB property in Queenstown, with a remaining lease of 81 years, stands at an estimated value of $72,953, translating to a price per square foot (PSF) of $1,216. This valuation reflects a market price that shows a stable equilibrium, with a 0% difference from the baseline. Such stability suggests a well-balanced demand and supply dynamic within the Queenstown area, which is characterized by its strategic location and established residential community.

Our analysis draws from a pool of nine recent HDB resale transactions in the vicinity, providing a robust dataset to support this valuation. The medium confidence level indicates a moderate degree of certainty, influenced by current market conditions and recent sales activity. The prolonged lease period of 81 years adds intrinsic value to the property, making it an attractive option for prospective buyers who prioritize long-term investment stability. As Queenstown continues to evolve, with ongoing developments and enhancements to amenities, we anticipate that the demand for HDB properties in the area will remain resilient, further reinforcing this valuation outlook.