4-Room HDB for Room Rent: 55 Strathmore Avenue

In the competitive landscape of Singapore's real estate market, the valuation of the HDB 4-room unit in Queenstown, with a remaining lease of 73 years, stands at an estimated value of $82,962, translating to a price per square foot (PSF) of $922. This valuation reflects a market price that is in line with the baseline, indicating a 0% difference. Such stability in pricing suggests that the property is holding its value well amidst the fluctuations often seen in the HDB market.

However, it is essential to highlight the model confidence in this valuation, which is assessed as low. This lower confidence level arises from the limited data set of only six recent HDB resale transactions in the vicinity, which may not fully capture the broader market dynamics influencing property values. As Queenstown continues to be an attractive locale due to its strategic location and community amenities, prospective buyers and investors should weigh the implications of the remaining lease carefully, as it could significantly impact future resale potential and demand.