1 Bed Walk-up Apartment (Condo) for Rent in Tiong Bahru Estate

The valuation of the HDB 3 Room property in Queenstown, with a remaining lease of 75 years, stands at an estimated value of $490,144, translating to a price of $591 per square foot. This valuation reflects a stable market signal, indicating a 0% difference from the baseline, suggesting that the property is priced consistently with recent market trends. The confidence level for this valuation is assessed as medium, based on a comprehensive analysis of 16 recent HDB resale transactions in the vicinity, which provides a robust dataset for comparison.

Queenstown has long been regarded as a highly sought-after residential area, known for its strategic location and accessibility. The remaining lease of 75 years is a significant factor that plays into buyer sentiment, as properties with longer leases tend to attract more interest and maintain value over time. As the market stabilizes in this region, potential buyers may find this property appealing due to its competitive pricing relative to similar units in the area, coupled with the enduring desirability of Queenstown as a residential enclave.