4-Room HDB for Room Rent: 128 Kim Tian Road

The valuation of the HDB 4-room property in Queenstown, with a remaining lease of 48 years, stands at an estimated value of $68,607, translating to a price per square foot (PSF) of $457. This valuation reflects a market equilibrium, with no deviation from the baseline price, indicating that current market dynamics are stabilizing around this price point. The high model confidence—derived from the analysis of 24 recent HDB resale transactions in the vicinity—underscores the robustness of this valuation amidst fluctuating market conditions.

Queenstown remains a sought-after residential enclave, characterized by its strategic location and proximity to key amenities and transport links. The stability in market price demonstrated here suggests a balanced supply and demand scenario, which is crucial for prospective buyers and investors to consider. As the remaining lease of 48 years may impact future resale potential, it is essential for stakeholders to remain cognizant of broader market trends that influence HDB valuations and leasehold dynamics in Singapore's evolving real estate landscape.