Common Room (HDB) for Rent in 128 Kim Tian Road

The valuation of the HDB 4-room unit in Queenstown, with a remaining lease of 48 years, stands at an estimated value of $54,775, translating to a price per square foot (PSF) of $685. This valuation reflects a stable market signal, showcasing a 0% difference from the baseline, indicating that the property is priced in line with prevailing market trends. The high model confidence is supported by a robust dataset, derived from 487 recent HDB resale transactions in the vicinity, which adds a layer of credibility to the valuation process.

Queenstown's property market is characterized by its strategic location and historical significance, making it a prime area for HDB transactions. The remaining lease term of 48 years is particularly noteworthy, as it positions this property within a critical juncture in the Singapore real estate landscape. As the lease gradually diminishes, it may impact future resale potential; however, the current valuation suggests a balance between demand and supply, reflecting resilience in buyer sentiment. Investors and homeowners alike should consider these dynamics when assessing the long-term value prospects of HDB properties in this sought-after locale.