3 Room (3I) HDB for Rent 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 reflects a market price that is consistent with the baseline, indicating a stable demand within this particular segment of the housing market. Such stability can often be attributed to Queenstown's desirable location, which is characterized by its accessibility and proximity to various amenities, making it a sought-after area for both homebuyers and investors alike.

However, it is essential to note that the model confidence for this valuation is categorized as low. This suggests that while the analysis is grounded in the data from three recent HDB resale transactions in the vicinity, the volatility of the market and external economic factors may influence the actual realizable value. As the lease period diminishes over time, potential buyers may exercise caution, weighing the implications of a shorter lease against the property's location and overall market dynamics. Investors should remain vigilant about fluctuations in buyer sentiment and market conditions that could impact future valuations.