1 Room HDB for Rent in 55 Tiong Bahru Road

The valuation of the 2-room HDB unit in Queenstown, with a remaining lease of 10 years, stands at an estimated value of $21,261, translating to an effective price per square foot of $106. This valuation reflects a significant stability in the local market, as evidenced by the 0% deviation from the baseline market price. Such consistency indicates a balanced demand and supply dynamic, wherein buyers are willing to transact at established price points, affirming the desirability of the Queenstown locale.

Further reinforcing this valuation is the robust model confidence rating, categorized as high, which is grounded in a comprehensive analysis of 35 recent HDB resale transactions within the vicinity. This analytical depth provides a reliable framework for prospective buyers and investors, highlighting Queenstown's enduring appeal despite the narrowing lease tenure. With the evolving urban landscape and continued infrastructural developments in the surrounding area, the long-term value retention of HDB properties in this region remains promising.