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, stands at an estimated value of $204,831, translating to a price per square foot (PSF) of $318. This valuation is notably above the market baseline, indicating a substantial premium of 95.3%. Such a significant deviation suggests a heightened demand for properties in this desirable locale, likely driven by Queenstown's strategic positioning and accessibility within Singapore's urban landscape.

However, it is crucial to note that the model confidence for this valuation is categorized as low, as it is derived from only three recent resale transactions in the vicinity. This limited data set may not fully encapsulate the market dynamics at play. As Queenstown continues to evolve with ongoing urban development initiatives, potential buyers should weigh this valuation against broader market trends and the implications of a 43-year lease, which may impact future resale opportunities. Investors and homeowners alike will need to consider the long-term viability of such a property within the context of Singapore's continually shifting real estate landscape.