Master Room (HDB) for Rent in 96A Henderson Road

The valuation of the HDB 2-room unit in Queenstown, with a remaining lease of 92 years, stands at an estimated value of $440,615, translating to a price per square foot (PSF) of $1,259. This valuation reflects a market price that shows a 0% difference from the baseline, indicating a stable market condition in this sought-after location. Queenstown has historically been a preferred choice for homebuyers due to its strategic location and proximity to essential amenities, thus maintaining its property values despite broader market fluctuations.

However, the model confidence for this valuation is classified as low, primarily due to the limited dataset from only three recent HDB resale transactions in the vicinity. While these transactions provide some insight into the local market dynamics, the low confidence level suggests that external factors, such as economic conditions and buyer sentiment, may significantly influence future valuations. Investors should closely monitor market trends and consider the implications of the remaining lease period, as properties with longer leases typically command higher values and attract a more extensive buyer pool.