Master Room (HDB) for Rent in 51 Strathmore Avenue

The HDB 2-room flat in Queenstown, with a remaining lease of 79 years, is currently valued at an estimated price of $224,463, translating to a price per square foot (PSF) of $1,122. This valuation presents a market signal indicating no deviation from the baseline price, suggesting stability in the local property market. However, the model confidence is rated as low, primarily due to the limited dataset, with only one recent HDB resale transaction in the vicinity serving as a reference point.

In the context of Singapore's dynamic real estate landscape, Queenstown is a mature estate characterized by its strategic location and established amenities. The flat's remaining lease is a significant factor, as properties with longer leases tend to retain higher value and appeal, particularly among first-time buyers and investors seeking stable long-term assets. Given the current market conditions and the low confidence in the valuation model, potential investors are advised to approach this listing with caution, while keeping an eye on broader market trends that may influence future resale opportunities.