3 Room (3I) HDB for Rent in 171 Stirling Road

The valuation of the HDB 3 Room property in Queenstown, with a remaining lease of 43 years, stands at an estimated value of $241,438, translating to a price per square foot of $374. This valuation is particularly interesting as it reflects a market price that is in line with the baseline, indicating a 0% difference from the expected value. Such stability in pricing suggests a balanced market condition, where supply and demand are relatively aligned, providing reassurance to potential buyers and investors.

However, it is crucial to note that the model confidence for this valuation is categorized as low, indicating that the predictive accuracy may be compromised due to various factors, including market volatility and limited transaction data. This valuation is derived from only six recent HDB resale transactions in the vicinity, which could imply a narrower data set, potentially affecting the robustness of the analysis. As the remaining lease of the property is a significant factor influencing its value, prospective buyers should consider the implications of the lease duration on future resale potential and overall investment viability in this well-established residential area.