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, sits at an estimated value of $1,066,641, translating to $1,011 PSF. This pricing reflects a 3.6% difference from the baseline market price, indicating a subtle premium for this property amidst a competitive resale market. The Queenstown area, known for its strategic location and robust amenities, continues to attract a discerning demographic, contributing to the stability of HDB values in this precinct.

However, the model confidence for this valuation is categorized as low, which suggests a degree of caution for potential buyers and investors. This low confidence rating is derived from a limited dataset of only six recent HDB resale transactions in the vicinity, pointing to potential volatility in the market. It is essential for stakeholders to consider the broader economic indicators and local market trends when evaluating the dynamics of HDB leasehold properties, particularly in a sought-after locale like Queenstown.