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

The valuation of the 3-room HDB unit in Queenstown, with a remaining lease of 43 years, stands at an estimated value of $236,904, translating to a price per square foot of $367. This valuation is particularly significant given the current market dynamics, which reflect a 0% difference from the baseline, indicating a stable price point amidst fluctuating market conditions. Such stability in valuation may suggest a balanced demand and supply scenario in the Queenstown area, where this property type continues to attract interest from both first-time buyers and investors alike.

However, the model confidence associated with this valuation is categorized as low, which highlights the potential volatility and uncertainties in the market. The estimation is derived from an analysis of five recent HDB resale transactions within the vicinity, which may not fully encapsulate the broader market trends or the unique attributes of individual properties. As the remaining lease diminishes over time, it is crucial for potential buyers to consider the impact of leasehold duration on long-term value retention and investment potential. In conclusion, while the current valuation appears stable, prospective buyers should remain vigilant regarding market trends and lease dynamics in this evolving landscape.