Common Room (HDB) for Rent in 163 Stirling Road

The valuation of the HDB 2 Room property 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 signal indicating a 0% difference from the baseline, suggesting that the property is currently priced in line with prevailing market conditions. This is indicative of a stable demand in the Queenstown area, which is characterized by its strategic location and accessibility.

Our analysis is grounded in the examination of 19 recent HDB resale transactions within the vicinity, providing a solid foundation for this valuation. The medium level of model confidence reflects the inherent variability in the market, particularly in areas with longer remaining leases. The 43-year lease remaining on this property positions it favorably within the market, as properties with a considerable lease duration often attract a wider pool of buyers who are looking for both investment potential and long-term residency. As such, this valuation serves as a critical benchmark for prospective buyers and investors assessing opportunities in the Queenstown HDB market.