Common Room (HDB) for Rent in 22 Havelock Road

The valuation of the 2-room HDB unit in Queenstown at an estimated value of $80,876, translating to $324 per square foot, positions it within a competitive landscape, especially given the remaining lease of 37 years. This property is strategically located in a mature estate known for its rich history and accessibility to amenities, making it an attractive option for potential buyers. The market signal indicates a 0% difference from the baseline price, suggesting that the valuation is in line with current market trends, reflecting stability in the Queenstown area.

Based on a comprehensive analysis of 13 recent HDB resale transactions in the vicinity, our model confidence is rated as medium, indicating a reasonable level of certainty in the estimated value. The lack of significant fluctuation in market prices points to a balanced demand and supply equation in the region. As the HDB lease diminishes, it is crucial for investors and homeowners alike to consider the implications of leasehold properties in their long-term investment strategies, as they can influence future resale values and marketability.