4-Room HDB for Room Rent: 10B Boon Tiong Road

In the highly sought-after area of Queenstown, the valuation of the HDB 4 Room unit with a remaining lease of 87 years stands at an estimated value of $212,001, which translates to $1,178 PSF. This price point reflects the current market dynamics, showcasing a stable market condition with a 0% difference from the baseline. Such stability is indicative of a balanced supply-demand scenario, where buyers are willing to meet sellers' expectations without significant fluctuations in pricing.

The valuation is supported by a comprehensive analysis of 186 recent HDB resale transactions in the vicinity, lending a high degree of confidence to the model's accuracy. With a high model confidence rating, this estimate underscores the resilience of the Queenstown HDB market, particularly as it benefits from ongoing urban development and proximity to essential amenities. The remaining lease of 87 years positions this property favorably, appealing to both owner-occupiers and investors who value long-term tenure in a vibrant and evolving locale.