4-Room HDB for Room Rent: 88 Dawson Road

In the dynamic landscape of Singapore's real estate market, the valuation of the HDB 4 Room unit in Queenstown presents a compelling narrative, particularly with its remaining lease of 88 years. Priced at an estimated value of $153,340, this translates to a price per square foot (PSF) of $1,278. Notably, this valuation reflects a market price that is in alignment with the baseline, indicating a stable demand in the surrounding area. The medium confidence level in this model suggests a balanced assessment, grounded in the analysis of 19 recent HDB resale transactions in the vicinity, which provides a robust framework for this valuation.

The Queenstown area, known for its strategic location and connectivity, continues to attract buyers, particularly those seeking a blend of affordability and potential appreciation in value. The remaining lease of 88 years is particularly advantageous, as properties with longer leases typically command higher interest among prospective homeowners and investors. This valuation underscores the resilience of the HDB market in Queenstown, reflecting the area's appeal and the broader trends within Singapore's real estate landscape.