3-Room HDB for Room Rent: 77 Indus Road

The valuation of the HDB 3 Room property in Queenstown, with a remaining lease of 45 years, stands at an estimated value of $94,527, equating to a price per square foot (PSF) of $473. This valuation is supported by robust market data, reflecting a high model confidence derived from an analysis of 500 recent HDB resale transactions in the vicinity. The property demonstrates a market price that aligns closely with the baseline, indicating stability and equilibrium in the current real estate landscape.

In examining the dynamics of the Queenstown HDB market, it is essential to note that properties with a remaining lease of 45 years are often viewed through a lens of cautious optimism. Buyers are increasingly discerning, weighing the long-term implications of lease duration against price points. The 0% difference from the market baseline suggests that the pricing is well-calibrated, indicating a balanced supply-demand scenario. This equilibrium reflects broader trends in the HDB market, where premium locations such as Queenstown continue to attract interest despite the complexities associated with shorter leases. Consequently, this valuation not only highlights the property’s immediate market position but also underscores its potential for future appreciation within a stable market environment.