Common Room (HDB) for Rent in 49 Strathmore Avenue

The valuation of the HDB 2-room unit in Queenstown, with a remaining lease of 79 years, stands at an estimated value of $98,926, translating to a price per square foot (PSF) of $824. This valuation reflects a critical observation of the current market landscape, where the property maintains a 0% difference from the baseline market price. Such stability in pricing indicates a balanced supply and demand scenario in the Queenstown area, underscoring the resilience of HDB properties amid varying economic conditions.

With model confidence rated as high, the valuation is supported by a comprehensive analysis of 74 recent HDB resale transactions in the vicinity. This robust sample size reinforces the credibility of the valuation, revealing that the market’s appetite for HDB properties, particularly in desirable locations like Queenstown, remains intact. The remaining lease period of 79 years is a key factor influencing buyer sentiment, as it provides ample tenure for prospective owners while aligning with long-term investment strategies in Singapore's dynamic property landscape.