3-Room HDB for Room Rent: 30 Margaret Drive

The valuation of the HDB 3-room unit in Queenstown, with a remaining lease of 94 years, stands at an estimated value of $170,610, translating to a price per square foot (PSF) of $1,137. This valuation is particularly noteworthy, as it indicates a market price that is consistent with the baseline, demonstrating a stable pricing environment for HDB properties in this sought-after locality.

However, it is essential to note the low model confidence associated with this valuation, which arises from a limited data set—specifically, three recent HDB resale transactions in the vicinity. This scarcity of comparable transactions may suggest a degree of volatility and could impact future market dynamics. Investors and potential homeowners should remain vigilant and consider broader market trends, as the longevity of the lease and the desirability of the Queenstown area continue to play a crucial role in shaping property values.