4 Room (4A) HDB for Rent in 62A Strathmore Avenue

The HDB 4-room property located in Queenstown, boasting a remaining lease of 83 years, presents a compelling valuation of approximately $1,011,274, translating to a price per square foot (PSF) of $1,044. This valuation is indicative of the current market equilibrium, as it shows a 0% difference from the baseline market price. Such stability suggests that the property is well-positioned within the local real estate landscape, reflecting the balanced demand and supply dynamics characteristic of the Queenstown area.

However, it is important to note the model confidence for this valuation is classified as low, which may indicate variability in market conditions or limited comparable transactions. The analysis is based on four recent HDB resale transactions within the vicinity, which, while informative, may not fully capture the broader market trends impacting values. Investors and potential buyers should consider these factors, particularly the property’s substantial remaining lease, which enhances its attractiveness and potential for capital appreciation in the long term.