5-Room HDB for Room Rent: 81 Strathmore Avenue

The valuation of the HDB 5 Room unit in Queenstown, with a remaining lease of 66 years, stands at an estimated value of $125,418, translating to a price per square foot (PSF) of $836. This figure is notable for its alignment with the market baseline, indicating a stable pricing environment for HDB properties in this sought-after district. The absence of any price variation from the baseline suggests that the property is priced competitively within the current market context, reflecting a consistent demand for HDB units in the Queenstown area.

However, it is important to consider the model confidence level, which is categorized as low, based on a limited dataset comprising only one recent HDB resale transaction in the vicinity. This low confidence indicates that the valuation may be susceptible to fluctuations due to market dynamics and the broader economic landscape. As such, prospective buyers and investors should remain vigilant about ongoing trends in the real estate market, particularly regarding leasehold properties, as the remaining lease period can significantly influence future resale value and demand.