Common Room (HDB) for Rent in 169 Stirling Road

The valuation of the HDB 2-room unit in Queenstown, with a remaining lease of 43 years, reflects an estimated value of $35,422, translating to a price per square foot (PSF) of $365. This valuation is positioned at a market price that shows no deviation from the baseline, indicating a stable demand in the area. The model confidence is rated as high, backed by an analysis of 20 recent HDB resale transactions within the vicinity, which provides a robust dataset for this valuation.

Queenstown, known for its strategic location and evolving urban landscape, continues to attract buyers seeking both investment opportunities and residential comfort. The stability in pricing, evidenced by the 0% difference from the baseline, suggests a balanced market where supply meets demand effectively. Furthermore, the remaining lease of 43 years presents a significant factor for potential homeowners and investors, as it provides ample time for value appreciation while also aligning with the long-term housing trends in Singapore. The dynamics of the local real estate market, coupled with the historical significance and modernization efforts in Queenstown, underpin the resilience and attractiveness of this property segment.