Common Room (HDB) for Rent in 49 Strathmore Avenue

The current valuation of the HDB 2-room unit in Queenstown, with a remaining lease of 79 years, stands at an estimated value of $96,517, translating to a price per square foot (PSF) of $804. This valuation reflects a market price that is perfectly aligned with the established baseline, indicating a stable and balanced market sentiment for HDB properties in this sought-after location.

Analyzing the dynamics of the Queenstown HDB market, the confidence level of this valuation is deemed high, supported by recent transactional data from 35 comparable HDB resale transactions in the vicinity. The area's enduring appeal, coupled with its strategic location and robust infrastructure, continues to sustain demand, thereby preserving property values. As leasehold properties like this unit approach the mid-to-late stages of their lease term, potential buyers are increasingly factoring in the remaining lease duration into their purchasing decisions, thereby influencing market trends and pricing.