Common Room (HDB) for Rent in 117 Commonwealth Drive

The valuation of the HDB 2 Room unit in Queenstown, with a remaining lease of 40 years, stands at an estimated value of $84,924, translating to $340 per square foot. This valuation reflects a market price that is in alignment with the baseline, indicating a 0% difference from the prevailing market trends. Such stability in pricing suggests a well-balanced demand and supply dynamic within this sought-after residential enclave, known for its strategic location and comprehensive amenities.

Analysis of the surrounding market reveals a high level of confidence in this valuation, underpinned by data from 20 recent HDB resale transactions in the vicinity. The model confidence is categorized as high, which reinforces the reliability of the estimated value. As Queenstown continues to evolve as a vibrant urban hub, the HDB market here exhibits resilience, making it an attractive proposition for buyers looking to invest in properties with ample lease tenure remaining. The combination of a stable market signal and robust transaction activity underscores Queenstown's enduring appeal in Singapore's competitive real estate landscape.