3 Room (3I) HDB for Rent in 169 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 $230,189, translating to a price per square foot (PSF) of $357. This valuation reflects a market price that is perfectly aligned with the baseline, indicating a stable demand in the locality. The absence of deviation from the baseline suggests that the property is currently positioned in a balanced market, where buyer sentiment and seller expectations are in harmony.

However, it is important to note that the model confidence in this valuation is categorized as low, which is indicative of potential fluctuations in the property’s perceived value. The analysis is based on seven recent HDB resale transactions in the vicinity, revealing a cautious approach to market dynamics. As Queenstown continues to evolve, influenced by urban development and infrastructure enhancements, future lease decay may play a critical role in value retention. Buyers should consider both the current valuation and the implications of the remaining lease, as these elements are pivotal in determining the long-term investment viability of HDB properties in this desirable yet competitive locale.