4-Room HDB for Room Rent: 50 Strathmore Avenue

The valuation of the 4-room HDB unit in Queenstown, with a remaining lease of 77 years, stands at an estimated value of $22,048 or $1,102 PSF. This pricing reflects a market equilibrium, with a 0% difference from the baseline, indicating that the property is currently priced in line with prevailing market conditions. This stability is significant given the area's historical appreciation and desirability, which are driven by Queenstown's strategic location and robust amenities.

The confidence level for this valuation is assessed as medium, based on insights derived from 8 recent HDB resale transactions in the vicinity. The consistency in pricing within this micro-market suggests a balanced demand-supply dynamic, with buyers exhibiting a cautious but steady interest. Furthermore, with a remaining lease of 77 years, this property has ample time left for potential appreciation, making it an attractive option for both owner-occupiers and investors looking to tap into Queenstown's evolving real estate landscape.