3-Room HDB for Room Rent: 36 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 $153,008, translating to a price per square foot (PSF) of $1,275. This valuation is particularly noteworthy as it indicates a market price that is aligned with the baseline, reflecting a 0% difference. Such stability in pricing is indicative of a balanced demand-supply dynamic within this sought-after precinct, which is characterized by its proximity to amenities and well-established transport links.

Our analysis is grounded in robust data, with insights drawn from 71 recent HDB resale transactions in the vicinity, further enhancing the reliability of this valuation. The high model confidence associated with this estimate underscores the resilience of the Queenstown HDB market, where long-term leasehold properties continue to attract interest from both first-time buyers and investors alike. As the region evolves, the significant remaining lease period of this property not only contributes to its intrinsic value but also positions it as a viable asset for future appreciation in a competitive real estate landscape.