3-Room HDB for Room Rent: 47 Tanglin Halt Road

The valuation of the 3-room HDB property located in Queenstown reflects a meticulous analysis of current market dynamics, with an estimated value of $26,575, translating to $302 PSF. This valuation is indicative of a stable market environment, as it shows a 0% difference from the baseline, suggesting that the property is priced accurately in relation to recent comparable sales within the vicinity.

This property benefits from a remaining lease of 37 years, which positions it favorably for buyers seeking long-term investment opportunities in a well-established district. The model confidence for this valuation is rated as high, reinforced by an extensive dataset derived from 51 recent HDB resale transactions in the area. This solid statistical foundation enhances the reliability of the valuation, and it indicates a consistent demand for HDB properties in Queenstown, despite the natural depreciation associated with the lease term.