3-Room HDB for Room Rent: 77 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 $94,527, translating to a price per square foot (PSF) of $473. This price reflects a market equilibrium, as evidenced by the 0% difference from the baseline, indicating that the property is aptly priced in relation to current market conditions. The high level of model confidence, supported by an analysis of 500 recent HDB resale transactions in the vicinity, reinforces the robustness of this valuation.

Queenstown, known for its strategic location and vibrant community, continues to attract a diverse demographic of buyers, particularly those seeking a balance of affordability and accessibility. The remaining lease of 45 years is a crucial factor, as it positions the property within a segment that appeals to both first-time homeowners and investors looking for potential appreciation. As the market dynamics evolve, this HDB unit exemplifies stability amidst fluctuating trends, affirming its value proposition in Singapore's competitive real estate landscape.