4 Room (4A) HDB for Sale in 61A Strathmore Avenue

The valuation of the HDB 4-room unit in Queenstown, with a remaining lease of 84 years, stands at an estimated value of $1,067,335, translating to $1,012 per square foot (PSF). This pricing reflects a 3.7% difference from the baseline market price, suggesting a moderate premium attached to this property relative to its immediate comparables. The Queenstown locale, known for its strategic location and evolving urban landscape, continues to attract a diverse demographic, thereby sustaining interest in HDB properties.

However, the model confidence in this valuation is categorized as low, indicating potential volatility and uncertainties in the market. This assessment is based on just six recent HDB resale transactions in the vicinity, which may not provide a robust representation of the broader market dynamics. Investors and homeowners should consider the implications of the remaining lease period, which, while still substantial, may influence future valuation as the lease diminishes. As such, it is crucial for stakeholders to remain vigilant regarding market trends, amenities development, and overall demand within the Queenstown precinct.