3 Room (3S) HDB for Rent in 102 Commonwealth Crescent

The valuation of the HDB 3-room unit in Queenstown, with a remaining lease of 43 years, is estimated at $224,315, translating to a price per square foot (PSF) of $353. This pricing reflects a market signal indicating no deviation from the baseline, suggesting that the property is currently aligned with prevailing market conditions. The stability in pricing may be attributed to the limited supply of HDB flats in the vicinity coupled with the area's enduring appeal, making it a desirable location for both families and investors.

However, it is important to note that the model confidence for this valuation is classified as low, stemming from the limited data set of only two recent resale transactions in the area. This constraint underscores the need for careful consideration when interpreting the valuation. The remaining lease period of 43 years may also play a critical role in influencing buyer sentiment and investment decisions, as properties with shorter leases often face more scrutiny in the resale market. As such, potential buyers and investors should weigh these factors against their long-term objectives and the evolving dynamics of the HDB market in Queenstown.