Common Room (HDB) for Rent in 128 Kim Tian Road

The valuation of the HDB 2-room unit in Queenstown, with a remaining lease of 48 years, reflects a calculated estimated value of $46,609, translating to $436 per square foot. This valuation sits firmly at the market price, indicating a 0% difference from the baseline. Such stability suggests that the property is positioned within a competitive tier, albeit with a low model confidence score. This indicates that while the valuation is grounded in recent market activity, the data may not fully capture potential market fluctuations or unique property attributes.

Recent transactions in the vicinity, totaling three, provide a benchmark for understanding local market dynamics. With the remaining lease being a critical factor in HDB valuations, properties with longer leases typically command higher prices, thereby influencing buyers' perceptions and investment decisions. Queenstown’s strategic location and urban amenities contribute to its appeal; however, the limited lease period may temper buyer enthusiasm, particularly among those looking for long-term investments. Therefore, as the market continues to evolve, stakeholders should remain vigilant about lease tenure implications and broader economic indicators that may influence future valuations.