3 Room (3I) HDB for Rent in 91 Commonwealth Drive

The valuation of the HDB 3 Room unit in Queenstown, with a remaining lease of 38 years, stands at an estimated value of $193,950, translating to a price per square foot (PSF) of $301. This valuation reflects a stable market signal, indicating a 0% difference from the baseline, suggesting that the property's price aligns closely with prevailing market conditions. Such stability is noteworthy, particularly given the fluctuations observed in other regions of Singapore's real estate landscape.

However, the model confidence for this valuation is categorized as low, which underscores the importance of considering broader market dynamics and localised trends. The analysis is based on four recent HDB resale transactions in the vicinity, providing a limited yet relevant dataset for comparison. As Queenstown continues to evolve as a desirable residential enclave, the remaining lease period plays a critical role in shaping buyer perceptions and future market performance. Investors and homeowners alike should remain cognizant of the interplay between lease duration, market demand, and potential future resale values when considering properties in this area.