3-Room HDB for Room Rent: 45 Kim Cheng Street

The valuation of the HDB 3-room unit in Queenstown, with a remaining lease of 22 years, stands at an estimated value of $46,600, translating to a price per square foot of $233. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand within the locality. The high model confidence level, derived from an extensive analysis of 500 recent HDB resale transactions in the vicinity, suggests that this price point accurately reflects current market dynamics and the intrinsic value of the property.

Queenstown, known for its strategic location and historical significance, continues to attract potential buyers seeking both residential comfort and investment opportunities. With the remaining lease of 22 years, the property presents a unique proposition, balancing affordability with the potential for future appreciation in a district that is undergoing transformation and rejuvenation. As market conditions remain stable, this HDB unit not only represents a viable living option but also aligns with the long-term investment strategies of discerning buyers in Singapore's competitive real estate landscape.