2 Room (2I) HDB for Rent in 2 Jalan Bukit Ho Swee

The valuation of the HDB 2-room unit located in Queenstown, with a remaining lease of 44 years, is estimated at $140,463, translating to a price per square foot of $374. This figure reflects a market price that shows 0% difference from the baseline, indicating a stable valuation amidst current market conditions. Such stability suggests that the area has maintained its desirability, particularly given Queenstown's reputation as a mature estate with a rich blend of amenities and connectivity.

However, the model confidence for this valuation is categorized as low, which necessitates a cautious interpretation of the estimated value. The analysis is based on 7 recent HDB resale transactions in the vicinity, which may not sufficiently represent the broader market trends. It is essential to consider the dynamic nature of the HDB market, particularly in how lease duration impacts value perception among potential buyers. As the remaining lease diminishes, future valuations may be influenced by buyer sentiment regarding leasehold properties, especially in a competitive landscape such as Singapore's real estate market.