3 Bed Bungalow (Landed) for Rent in Shepherd's Hill Estate

The valuation of the HDB 5 Room unit located in the highly sought-after Queenstown area reflects an estimated value of $1,100,523, equating to $913 PSF. With a remaining lease of 58 years, this property is positioned in a market that shows a stable price point, as indicated by the 0% difference from the baseline market price. This stability is particularly noteworthy in the context of Singapore's dynamic real estate landscape, where fluctuations can often be pronounced.

However, the model confidence for this valuation is categorized as low, primarily derived from the limited data pool of only 2 recent HDB resale transactions in the vicinity. This scarcity of comparable sales could suggest a less robust market signal, hence the caution in interpreting the estimated value. Buyers and investors should consider the implications of the remaining lease period, as properties with shorter leases may face more significant depreciation in value over time, particularly as they approach the end of their lease term.