3 Room (3I) HDB for Rent in 78 Indus Road

The valuation of the HDB 3 Room unit in Queenstown, with a remaining lease of 45 years, stands at an estimated value of $505,516, translating to a price per square foot (PSF) of $722. This assessment reflects a market price that is consistent with the baseline, indicating a stable demand for properties within this segment. However, the model confidence is rated as low, primarily due to the limited data set, with only one recent HDB resale transaction recorded in the vicinity. This lack of robust transactional data may imply potential volatility in the valuation, warranting a cautious approach for prospective buyers and investors.

Queenstown is a mature estate known for its strategic location and accessibility, which further influences the dynamics of the HDB market in this area. The remaining lease of 45 years is significant as it impacts the future resale potential and attractiveness to buyers, particularly given the increasing focus on lease decay and its implications on property value. In the current market climate, where buyers are more discerning and value longevity, this aspect may play a critical role in determining buyer sentiment and interest levels for this property type.