2 Room (2A) HDB for Sale in 127A Kim Tian Road

The valuation of the HDB 2 Room property located in Queenstown, with a remaining lease of 86 years, stands at an estimated value of $537,545, translating to a price per square foot (PSF) of $1,062. This valuation reflects a subtle yet noteworthy 1.9% difference from the prevailing market baseline, indicating a stable market environment with slight upward pressure on pricing. The model confidence for this valuation is categorized as medium, suggesting a reasonable degree of reliability based on the recent transaction data.

Analyzing the context of this valuation, it is important to note that the property market in Queenstown has demonstrated resilience, buoyed by its strategic location and the increasing desirability of HDB living. The assessment draws from 11 recent HDB resale transactions within the vicinity, which collectively provide a robust foundation for the valuation. As the remaining lease of 86 years positions this property favorably within the long-term holding spectrum, potential buyers may find this an attractive proposition in light of the evolving market dynamics and the enduring appeal of Queenstown as a residential enclave.