3 Room (3I) HDB for Sale in 163 Stirling Road

The valuation of the HDB 3 Room unit in Queenstown, with a remaining lease of 42 years, reflects a current estimated value of $230,442, translating to a price per square foot (PSF) of $325. Notably, this valuation is positioned above the market average, showcasing a significant 69.2% premium compared to the baseline. This elevated market signal suggests that the property is highly sought after, likely influenced by Queenstown’s strategic location and amenities.

However, it is essential to note that the model confidence for this valuation is classified as low, which indicates potential variability in the market dynamics. The estimation is derived from a limited dataset of three recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market trends. Given the remaining lease period, potential buyers should consider the implications of lease decay on future resale value, alongside the current demand in a competitive market landscape.