5 Room (5A) HDB for Rent in 59 Strathmore Avenue

The valuation of the 5-room HDB unit in Queenstown, with a remaining lease of 75 years, stands at an estimated value of $1,175,383, which translates to a price per square foot (PSF) of $993. This valuation reflects a market price that is currently aligned with the baseline, indicating a 0% difference from the established market rate. Such stability in the pricing suggests a balanced demand and supply dynamic within this notable residential enclave.

However, it is essential to approach this valuation with caution, as the model confidence is rated as low. This uncertainty arises from the limited data set, with only two recent HDB resale transactions in the vicinity serving as the foundation for this analysis. Given the relatively long remaining lease of 75 years, the property may appeal to families seeking long-term residency in Queenstown, which is known for its strategic location and robust community amenities. As the market evolves, continued monitoring of transaction volumes and price trends will be crucial for an accurate reflection of the property’s value.