4 Room (4I) HDB for Rent in 3 Queen's Road

The valuation of the HDB 4-room property located in the Central Area reflects a current estimated value of $434,766, translating to a price per square foot (PSF) of $444. This valuation, which shows no deviation from the baseline market price, indicates a stable market environment for HDB properties in this premium location. However, it is essential to note that the remaining lease of 47 years may influence potential buyers' perceptions, particularly in a market increasingly sensitive to leasehold tenures. As the property ages, the remaining lease becomes a critical factor for future resale value and buyer interest.

The model confidence for this valuation is categorized as low, suggesting that external market dynamics and recent transaction activities might not fully support the estimated value. The analysis is based on four recent HDB resale transactions in the vicinity, which have provided a limited data set for comparative purposes. In a market characterized by fluctuating demand and varying buyer sentiments, it is crucial for potential investors to remain vigilant regarding market trends and leasehold implications. Given the central location of this property, it remains a compelling proposition, albeit with caution advised due to the lease duration and current market signals.