3-Room HDB for Room Rent: 13 York Hill

In the vibrant real estate landscape of Singapore, the valuation of the HDB 3 Room unit in Queenstown, with a remaining lease of 42 years, reflects a meticulously calculated estimate of $43,822, translating to $438 PSF. This valuation is grounded in a comprehensive analysis of 500 recent HDB resale transactions in the vicinity, ensuring a robust representation of current market conditions. With a market signal indicating a 0% difference from the baseline, the property stands at a critical juncture, revealing a stable pricing environment amidst ongoing fluctuations in the broader housing market.

The confidence in this model is categorized as high, underscoring the reliability of the data and the analytical methods employed. Queenstown, known for its strategic location and rich heritage, continues to be a sought-after neighborhood, contributing to the property’s valuation stability. The remaining lease of 42 years is a significant factor, as it influences buyer sentiment and investment potential. As we observe the evolving dynamics within the HDB market, this valuation not only encapsulates current realities but also offers insights into future trends that may impact the desirability of such properties in the years to come.