3-Room HDB for Room Rent: 13 York Hill

The current valuation for the HDB 3-room unit in Queenstown, with a remaining lease of 42 years, stands at an estimated value of $43,822, translating to a price per square foot of $438. This valuation reflects a market signal that is precisely aligned with the baseline, indicating a stability in pricing trends within this sought-after residential enclave. Such a market position suggests that buyers are willing to pay a premium for properties in this area, driven by its strategic location and robust amenities.

Analysis of 500 recent HDB resale transactions in the vicinity reinforces the high confidence in this valuation model. The strong demand for HDB properties in Queenstown, characterized by a balance of affordability and accessibility, contributes to its sustained market performance. As the remaining lease of 42 years progresses, prospective buyers should consider both the intrinsic value of the property and the long-term viability of their investment. This analysis underscores the importance of understanding lease dynamics in Singapore's real estate landscape, particularly for HDB flats where lease duration remains a pivotal factor in determining market desirability and value appreciation potential.