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

The valuation of the 2-room HDB unit in Queenstown, with a remaining lease of 44 years, currently stands at an estimated value of $154,499, translating to a price per square foot (PSF) of $378. This valuation reflects a market price that shows no significant deviation from the baseline, indicating a stable pricing environment in the area. The absence of price fluctuation suggests a balanced demand and supply scenario, which is crucial for potential buyers and investors seeking to understand the current market dynamics.

However, it is important to note that the model confidence for this valuation is categorized as low, which underscores the need for caution when interpreting these figures. The analysis is based on only six recent HDB resale transactions in the vicinity, indicating a limited data set that may not capture broader market trends. Potential buyers should therefore consider additional factors such as the socio-economic landscape, upcoming infrastructural developments, and the overall sentiment in the HDB resale market in Queenstown before making investment decisions. The longevity of the remaining lease, while still substantial, may also play a pivotal role in future valuation trajectories as the property ages.