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 $722 per square foot (PSF). This valuation reflects a market price that is consistent with the baseline, indicating a stable demand in this sought-after residential enclave. Queenstown is well-regarded for its strategic location, accessibility, and community amenities, which often sustain property values even amid fluctuations in the broader market.

However, it is important to note that the model confidence for this valuation is classified as low, primarily due to the reliance on a limited dataset comprising only one recent HDB resale transaction in the vicinity. This lack of comprehensive market data can introduce variability in the valuation, underscoring the need for cautious interpretation of the estimated value. Investors and homeowners alike should remain vigilant of the evolving dynamics in the HDB market, particularly in relation to lease tenure and demographic shifts that may influence future demand in Queenstown.