Conservation House for Room Rent: 79 Chay Yan Street

The valuation of the HDB 2 Room unit in Queenstown, with a remaining lease of 75 years, stands at an estimated value of $93,759, translating to $781 PSF. This valuation reflects a market price that is precisely aligned with the baseline, indicating a stable demand and supply scenario within this vibrant neighborhood. Such equilibrium suggests that the price point is well-supported by the current market dynamics, making it an attractive proposition for potential buyers who are seeking to invest in a locality known for its excellent connectivity and established amenities.

Based on a comprehensive analysis of 35 recent HDB resale transactions in the vicinity, our model demonstrates a high confidence level in this valuation. The consistency in pricing underscores the robust nature of the Queenstown property market, which remains resilient amidst broader economic fluctuations. The remaining lease of 75 years adds a layer of security for buyers, as it allows ample time for appreciation, particularly in a region that is continually evolving and enhancing its infrastructural appeal. As such, this HDB unit not only represents a sound investment but also a strategic entry point into one of Singapore's most sought-after residential enclaves.