Common Room (HDB) for Rent in 128 Kim Tian Road

The valuation of the HDB 2-room unit in Queenstown, with a remaining lease of 48 years, stands at an estimated value of $65,339, translating to a price per square foot (PSF) of $436. This valuation reflects a market price that is in equilibrium, with a 0% difference from the baseline, indicating a stable demand in this sought-after locale known for its proximity to essential amenities and transport links.

Despite the favorable market conditions, it is important to note that the model confidence for this valuation is categorized as low. This suggests that the analysis is based on a limited dataset, with only three recent HDB resale transactions in the vicinity serving as the foundation for this estimate. The inherent variability in the HDB market, particularly for units with shorter remaining leases, necessitates a cautious interpretation of this valuation. Investors and potential buyers should consider the implications of the remaining lease term on capital appreciation and market entry timing.