3 Room (3I) HDB for Sale in 166 Stirling Road

The valuation of the HDB 3-room unit in Queenstown, with a remaining lease of 43 years, is estimated at $212,757, translating to a price per square foot (PSF) of $330. This valuation is notably positioned above the market baseline by 59.8%, indicating a significant premium in the current market dynamics of the area. Such a difference suggests a heightened demand for properties in this precinct, likely driven by Queenstown's strategic location and its appeal as a mature estate with well-established amenities and transport links.

However, it is important to note that the model confidence for this valuation remains low, primarily due to the limited data set of only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales may render the current valuation susceptible to fluctuations based on individual buyer preferences and market sentiment. In a market landscape where lease tenure plays a critical role in property desirability, the remaining 43 years of lease on this HDB unit will be a crucial consideration for potential buyers, impacting their investment decisions in the long term.