4 Room (4NG) HDB for Rent in 4 Delta Avenue

The valuation of the HDB 4-room unit located in Queenstown, with a remaining lease of 58 years, stands at an estimated value of $591,514, equating to a price per square foot (PSF) of $561. This assessment reflects a market price that shows no deviation from the baseline, indicating a stable valuation within the current market dynamics. The proximity to essential amenities and transport links in Queenstown contributes positively to the demand for such properties, despite the diminishing lease period.

However, the model confidence for this valuation is categorized as low, primarily due to the limited dataset, with only two recent HDB resale transactions being referenced. This caution suggests the need for further analysis and monitoring of market trends to ensure accurate valuation insights. As the HDB lease progresses into its later years, potential buyers may exhibit a heightened sensitivity to lease duration, which could impact both perceived value and resale potential in the future. Investors and homeowners alike should remain cognizant of these leasehold dynamics as they navigate the Queenstown property landscape.