2 Bed Walk-up Apartment (Condo) for Rent in Tiong Bahru Estate

The HDB 3-room flat located in Queenstown presents a compelling investment opportunity, with an estimated value of $416,174, equating to $621 per square foot (PSF). This valuation is particularly significant given the remaining lease of 75 years, which positions the property favorably in a market where lease tenure can heavily influence buyer sentiment and pricing dynamics. The stability of the estimated value, reflecting a 0% difference from the baseline, indicates a balanced market condition, suggesting that the property is priced in alignment with recent comparable sales.

Analyzing the local market, the valuation is supported by data from 18 recent HDB resale transactions within the vicinity, providing a robust statistical foundation for the estimated value. The medium model confidence suggests that while the data is reliable, fluctuations in market conditions or buyer preferences could influence future valuations. Overall, the Queenstown area, known for its strategic location and connectivity, remains a desirable choice for homebuyers and investors alike, further reinforcing the attractiveness of this 3-room HDB unit as a viable long-term investment.