5 Room (5I) HDB for Sale in 62A Strathmore Avenue

The valuation of the HDB 5 Room unit in Queenstown, with a remaining lease of 83 years, stands at an estimated value of $1,399,856, translating to a price per square foot (PSF) of $1,112. This valuation is positioned within a favorable market context, reflecting a good deal status with a 7.1% difference from the baseline. Such a valuation suggests that this property is competitively priced, particularly within a district that is historically known for its strong demand and evolving landscape.

However, it is essential to note the model confidence in this assessment is classified as low, which indicates a degree of caution in relying solely on the current data. The valuation is derived from an analysis of five recent HDB resale transactions in the vicinity, underscoring the importance of local market dynamics. As Queenstown continues to witness urban regeneration and infrastructural developments, the longevity of the lease combined with strategic location benefits positions this property as a compelling opportunity for potential buyers who are well-versed in the nuances of HDB investments.