4-Room HDB for Room Rent: 48 Strathmore Avenue

The valuation of the HDB 4 Room property in Queenstown, with a remaining lease of 78 years, stands at an estimated value of $208,166, translating to a price per square foot (PSF) of $1,156. This valuation reflects a market signal indicating a stable condition, with a 0% difference from the baseline, suggesting that the property is currently priced in line with market expectations. Such stability is indicative of a balanced demand and supply dynamic in the Queenstown area, which is known for its strategic location and vibrant community amenities.

The model confidence is categorized as medium, based on a comprehensive analysis of 12 recent HDB resale transactions in the vicinity. This data set provides a reliable benchmark for valuing the property, although external factors such as economic conditions and changes in buyer sentiment may contribute to fluctuations in valuation. The remaining lease of 78 years also plays a crucial role in the property’s appeal, as prospective buyers typically consider the lease duration when assessing long-term investment potential. Overall, this property stands as a competitive option within the Queenstown market, appealing to both homeowners and investors alike.