Common Room (HDB) for Rent in 163 Stirling Road

The valuation of the HDB 2-room unit in Queenstown, with a remaining lease of 43 years, stands at an estimated value of $36,593, translating to a price per square foot (PSF) of $377. This valuation reflects a market price that is in equilibrium with the baseline, indicating a stable market condition in this sought-after district. The analysis draws from 19 recent resale transactions in the vicinity, providing a robust dataset that enhances the reliability of the valuation.

With a remaining lease of 43 years, this property is positioned within a critical window that appeals to both first-time buyers and investors looking for potential appreciation in a historically vibrant neighborhood. Queenstown's strategic location, coupled with its rich heritage and ongoing urban regeneration efforts, continues to attract interest, thereby supporting the current market dynamics. The medium confidence level in this valuation suggests that while the data is compelling, external factors such as macroeconomic conditions and shifts in buyer sentiment could influence future price movements. Overall, this HDB unit presents a balanced opportunity for stakeholders in the ever-evolving Singapore property market.