4-Room HDB for Room Rent: 49 Strathmore Avenue

The valuation of the 4-room HDB unit in Queenstown, with a remaining lease of 79 years, stands at an estimated value of $192,522, translating to a price per square foot (PSF) of $1,070. This valuation reflects a stable market signal, as it showcases a 0% difference from the baseline price, indicating that the property is currently aligned with prevailing market trends. Such stability in pricing is indicative of a robust demand for HDB units in this mature estate, which is renowned for its strategic location and well-established amenities.

Analyzing the recent transactions in the vicinity, our valuation is underpinned by data from 10 comparable HDB resale transactions. The medium confidence level in our model highlights the inherent variability in the real estate market, particularly in the context of HDB resale properties. As we navigate through the dynamics of the market, it is crucial to recognize that properties with a longer remaining lease tend to attract more interest, thereby reinforcing their value stability. Queenstown's appeal, bolstered by its proximity to key transport links and local conveniences, positions this HDB unit as a competitive offering for potential buyers seeking long-term investment opportunities.