3 Room (3I) HDB for Sale in 169 Stirling Road

The valuation of the HDB 3-room unit in Queenstown, with a remaining lease of 43 years, currently stands at an estimated value of $230,546, translating to $357 per square foot (PSF). This figure positions the property above the market baseline by an impressive 51.8%. Such a significant premium indicates heightened demand in this area, which is reflected in the recent sales landscape characterized by a limited supply of comparable HDB units.

However, it is essential to note that the model confidence in this valuation is categorized as low, which suggests potential volatility in the market dynamics influencing this property. The analysis is based on seven recent HDB resale transactions in the vicinity, providing a narrow data set that may not fully capture broader market trends. The remaining lease of 43 years is a critical factor, as properties with shorter leases often face pricing pressures in the resale market, which could impact future valuations. Investors should weigh these dynamics carefully, considering both the immediate premium and the longer-term implications of leasehold tenure in their investment strategies.