Common Room (HDB) for Rent in 131C Kim Tian Road

The valuation of the HDB 2 Room unit in Queenstown, with a remaining lease of 48 years, stands at an estimated value of $65,339, translating to a price per square foot (PSF) of $436. This valuation reflects the current market conditions, exhibiting a market price that is unchanged from the baseline, indicating a stable demand for HDB units in this sought-after district. The Queenstown area has historically been a desirable location due to its strategic connectivity, proximity to various amenities, and established community infrastructure.

However, it is essential to note that the model confidence in this valuation is categorized as low, attributed to the limited dataset derived from just three recent HDB resale transactions in the vicinity. This scarcity of comparative sales can potentially skew the perceived value of the property. As such, potential buyers and investors should exercise caution and consider broader market trends, including the implications of the remaining lease period, which may influence future resale value and marketability. The dynamics of the HDB market in Queenstown, combined with the remaining lease, necessitate a thorough analysis to ascertain the long-term investment potential of this property.