4 Room (4A) HDB for Rent in 50 Strathmore Avenue

The valuation of the HDB 4-room property located in Queenstown, with a remaining lease of 77 years, stands at an estimated value of $1,068,203, translating to a price per square foot of $1,102. This valuation reflects a market price that shows a stable position, with a 0% difference from the baseline, indicating that the property is currently valued at its fair market rate. Such a status suggests a balanced equilibrium between supply and demand in this prime locality, which is highly sought after due to its strategic location and accessibility.

Analysis based on eight recent HDB resale transactions in the vicinity reveals a medium level of model confidence. This is indicative of a market exhibiting some variability, yet still possessing sufficient transactional data to support the current valuation. The enduring lease of 77 years further enhances the appeal of this property, as it provides prospective buyers with a significant duration of tenure, bolstering investment security and potential appreciation. As Queenstown continues to evolve with ongoing developments and infrastructure improvements, the demand for HDB units in this area is likely to remain robust, making it a prime consideration for both homebuyers and investors alike.