2 Room (2STD) HDB for Rent in 2 Jalan Bukit Ho Swee

The valuation of the HDB 2-room unit in Queenstown, with a remaining lease of 44 years, stands at an estimated value of $154,499, translating to $378 per square foot (PSF). This valuation reflects a market price that is consistent with the baseline, indicating a stable demand within this sought-after residential precinct. Queenstown has long been recognized for its strategic location and accessibility, which continue to attract potential buyers despite the property's remaining lease duration being less than half a century.

However, it is important to note that the model confidence for this valuation is categorized as low, suggesting that while the recent transactions provide some insights, the variability in market conditions and buyer sentiment could skew price expectations. The analysis is based on six recent HDB resale transactions in the vicinity, highlighting the need for potential investors to approach with caution. As leasehold properties age, the dynamics of supply and demand become increasingly critical, particularly in areas like Queenstown that are undergoing urban renewal and development.