3-Room HDB for Room Rent: 130 Kim Tian Road

The valuation of the HDB 3-room unit in Queenstown, with a remaining lease of 48 years, reflects a stable market position. The estimated value of $55,716, translating to $429 per square foot, indicates a balanced alignment with the current market dynamics, as evidenced by a market price that shows no deviation from the baseline. This stability is noteworthy given the broader fluctuations often observed in the real estate sector.

With model confidence rated as high, the valuation is supported by an extensive analysis of 199 recent HDB resale transactions in the vicinity. This robust dataset reinforces the reliability of the valuation and suggests that demand in this area remains consistent. As Queenstown continues to be a sought-after locale due to its strategic location and ongoing urban development, the remaining lease of 48 years is a significant factor that potential buyers should consider. It presents both opportunities and considerations regarding future resale potential, highlighting the importance of lease tenure in the overall valuation landscape.