2 Room (2I) HDB for Rent in 94 Commonwealth Drive

This valuation report presents a comprehensive analysis of a HDB 2 Room unit located in the sought-after precinct of Queenstown. With a remaining lease of 38 years, the property demonstrates strong potential due to its strategic location and the ongoing demand for HDB units in this area. The estimated value of $250,644, equating to $418 per square foot, positions this unit competitively within the current market landscape.

The market signal indicates a 0% difference from the baseline, suggesting that the property's valuation is well-aligned with the prevailing market trends. This stability reflects a high degree of confidence in the local real estate dynamics, bolstered by recent sales data from 36 comparable HDB transactions in the vicinity. The model confidence rating of high further reinforces the accuracy of this valuation, providing potential buyers and investors with an informed basis for decision-making.

In summary, the Queenstown HDB 2 Room unit represents a valuable investment opportunity, benefitting from a favorable lease term and a robust market context. As demand for residential properties in this vibrant district continues to grow, this valuation underscores the potential for both immediate and long-term returns.