3 Room (3A) HDB for Rent in 53 Strathmore Avenue

The valuation of the HDB 3 Room unit in Queenstown, with a remaining lease of 92 years, stands at an estimated value of $532,243, translating to a price per square foot (PSF) of $798. This valuation is indicative of the current market dynamics and reflects a stable market condition, as evidenced by the absence of fluctuation from the baseline market price, resulting in a 0% difference. Such stability signifies a robust demand for HDB properties in this sought-after locale, which is supported by a high model confidence rating based on an analysis of 500 recent HDB resale transactions in the vicinity.

Queenstown has consistently been a desirable residential area due to its strategic location, rich amenities, and proximity to the Central Business District. The 92-year remaining lease of this HDB unit adds significant value, as properties with longer leases typically command higher prices in the market. As the urban landscape of Singapore continues to evolve, the demand for quality housing in established neighborhoods like Queenstown remains resilient, further reinforcing the premium nature of this valuation. Investors and homeowners alike should recognize the potential for sustained capital appreciation given the area's historical performance and ongoing development initiatives.