4-Room HDB for Room Rent: 128 Kim Tian Road

The current valuation of the HDB 4-room unit in Queenstown, with a remaining lease of 47 years, stands at an estimated value of $62,734, translating to an impressive $418 per square foot (PSF). This valuation is derived from a robust analysis of 44 recent HDB resale transactions in the vicinity, reflecting a significant level of market activity and demand in this desirable residential enclave. The model confidence for this valuation is rated as high, indicating a strong alignment with current market conditions.

Notably, the market signal indicates a 0% difference from the baseline, suggesting a stable equilibrium in pricing for similar properties within the area. This stability is crucial for prospective buyers and investors as it signifies that the current market conditions are neither overly inflated nor deflated, fostering a balanced environment for future transactions. The remaining lease of 47 years is a critical factor in evaluating the long-term investment potential of the property, as it offers ample time for capital appreciation while still appealing to a broad range of potential buyers looking for value in a prime location like Queenstown.