5-Room HDB for Room Rent: 127C Kim Tian Road

The valuation of the HDB 5 Room unit in Queenstown, with a remaining lease of 84 years, stands at an estimated value of $119,800, translating to a price per square foot (PSF) of $1,089. This valuation is particularly noteworthy as it reflects a market price that is aligned perfectly with the baseline, indicating a 0% differential. Such stability in pricing suggests a balanced supply and demand in the vicinity, underpinned by the area’s desirable attributes and robust community infrastructure.

Our analysis, grounded in 30 recent HDB resale transactions within the Queenstown precinct, reinforces a high model confidence in this valuation. The consistent performance of HDB properties in this locality, coupled with its strategic location and connectivity, positions Queenstown as a sought-after residential enclave. As leasehold properties tend to exhibit varying market dynamics, the remaining lease of 84 years also plays a crucial role in influencing buyer sentiment and pricing stability, signaling a healthy market environment for potential investors and homeowners alike.