3 Room (3I) HDB for Sale in 171 Stirling Road

The valuation of the HDB 3-room property in Queenstown, with a remaining lease of 43 years, stands at an estimated value of $241,812, translating to a price per square foot of $374. This valuation marks a significant deviation from the baseline market value, registering an above-market signal with a remarkable 65.4% difference. Such a premium indicates a robust demand for properties in this sought-after district, which is renowned for its strategic location and proximity to essential amenities.

However, it is essential to note that the model confidence for this valuation is classified as low, reflecting potential uncertainties in the data derived from only six recent HDB resale transactions in the vicinity. This limited transactional data may not fully encapsulate the current market dynamics, particularly given the fluctuating nature of property values in Singapore. Investors and potential buyers should consider these factors when evaluating this property, as the remaining lease term also plays a crucial role in the long-term investment potential and resale value within the evolving landscape of HDB flats in the region.