4-Room HDB for Room Rent: 43 Margaret Drive

The valuation of the HDB 4 Room property located in Queenstown, with a remaining lease of 97 years, stands at an estimated value of $197,234, translating to a price per square foot (PSF) of $1,078. This valuation reflects a robust alignment with the current market dynamics, as it shows a market price stability with a 0% difference from the baseline. Such stability is indicative of a healthy demand and supply equilibrium in the Queenstown area, making it an enticing opportunity for potential buyers and investors alike.

Our analysis is underpinned by a comprehensive review of 493 recent HDB resale transactions in the vicinity, which lends a high level of confidence to this valuation model. The data suggests that Queenstown remains a sought-after location due to its strategic accessibility and community amenities. As the remaining lease extends well beyond a typical mortgage duration, this property offers buyers the security of long-term tenure, enhancing its appeal in a competitive marketplace. In summary, the valuation is well-supported by empirical evidence, affirming Queenstown's position as a prime location in Singapore’s real estate landscape.