4 Room (4A) HDB for Rent in 168A Queensway

The valuation of the HDB 4-room unit in Queenstown, with a remaining lease of 46 years, stands at an estimated value of $330,610, translating to a price per square foot (PSF) of $366. This figure reflects a market price that is at par with the baseline, indicating no significant deviation from prevailing market trends. Such stability in pricing may suggest a balanced demand and supply scenario within the Queenstown area, which is historically characterized by its strategic location and connectivity.

However, it is important to note that the model confidence for this valuation is classified as low, which introduces a degree of uncertainty in the estimation. The analysis is based on six recent HDB resale transactions in the vicinity, providing a limited data set that may not fully capture the dynamic nature of the property market in Queenstown. As the remaining lease of this HDB unit is 46 years, potential buyers may want to consider the implications of lease decay, as this factor can influence both marketability and resale value in the longer term. Overall, while the current valuation reflects a stable market position, prospective investors should remain vigilant about broader market dynamics and leasehold considerations moving forward.