5 Room (5I) HDB for Rent in 62A Strathmore Avenue

The HDB 5-room property located in the coveted Queenstown district presents a compelling investment opportunity, with a current estimated value of $1,211,337, translating to a price per square foot of $962. This valuation reflects a stable market position, as indicated by the 0% difference from the baseline, suggesting that the property is well-aligned with current market expectations and demand. With a remaining lease of 83 years, this property not only offers a long tenure for potential homeowners but also ensures a strong retention of value over time, a critical factor for discerning buyers in Singapore's competitive real estate landscape.

The model's high confidence level is substantiated by an extensive analysis of 139 recent HDB resale transactions in the vicinity, which provides a robust data foundation for the valuation. The Queenstown area has consistently demonstrated resilience in property values, driven by its strategic location, well-developed amenities, and positive demographic trends. As such, this HDB unit stands as a prime example of the ongoing demand for quality housing in well-established neighborhoods. Investors and homeowners alike should consider the potential for appreciation, supported by both the remaining lease duration and the underlying market dynamics that continue to favor properties of this caliber.