4-Room HDB for Room Rent: 49 Strathmore Avenue

The valuation of the HDB 4-room property in Queenstown, with a remaining lease of 93 years, stands at an estimated value of $162,001, translating to a price per square foot of $1,080. This assessment is firmly grounded in a robust analysis of 489 recent HDB resale transactions within the vicinity, which provides a comprehensive understanding of the market dynamics at play. The calculated market price reflects a neutral position, with a 0% difference from the baseline, suggesting that the property is accurately positioned within the current market landscape.

With high model confidence in this valuation, it is evident that Queenstown continues to maintain its appeal as a desirable residential locale. The long remaining lease of 93 years contributes positively to the property’s value, as it offers prospective buyers a sense of security regarding their investment. Additionally, the stability reflected in the market price signals a balanced demand-supply equation in the area, indicating that properties in Queenstown are likely to sustain their value amidst evolving economic conditions. Investors and homeowners alike should consider this data-driven valuation as indicative of a sound investment opportunity in one of Singapore's thriving neighborhoods.