Common Room (HDB) for Rent in 163 Stirling Road

The valuation of the HDB 2 Room unit in Queenstown, with a remaining lease of 43 years, stands at an estimated value of $30,180, translating to a price per square foot (PSF) of $377. This valuation reflects a market signal indicating that the property is priced at par with the baseline, suggesting a stable demand for HDB units within this vibrant district. Queenstown, known for its strategic location and robust amenities, continues to attract both owner-occupiers and investors alike, thereby underpinning the current market sentiment.

Analysis of 19 recent HDB resale transactions in the vicinity supports this valuation, showcasing a consistent price trend that aligns with the broader market dynamics. The medium confidence level in this model indicates that while the data is reliable, fluctuations in the market could impact future valuations. As the lease period approaches the mid-point, potential buyers may weigh the remaining lease against their long-term investment strategies. Nevertheless, the combination of Queenstown's desirability and the overall stability in the HDB market reinforces the appeal of this property as a viable option for those seeking to enter or expand within this competitive landscape.