1 Bed Walk-up Apartment (Condo) for Rent in Tiong Bahru Estate

The valuation of the HDB 2-room unit in Queenstown, with a remaining lease of 75 years, reflects a calculated estimated value of $195,332, translating to an impressive $781 per square foot. This valuation, exhibiting a 0% difference from the baseline market price, indicates an equilibrium in the current market dynamics, suggesting that this property is accurately priced in relation to similar units within the vicinity.

Our analysis, which draws from 35 recent HDB resale transactions in the area, highlights a robust demand for HDB properties in Queenstown, a mature estate known for its strategic location and community amenities. The high model confidence rating further reinforces the reliability of this valuation, suggesting that potential buyers can proceed with a high degree of assurance. As the property market continues to evolve, the remaining lease period of 75 years positions this unit favorably, allowing it to remain an attractive option for both homeowners and investors alike.