4-Room HDB for Room Rent: 59 Strathmore Avenue

The valuation of the HDB 4-room unit in Queenstown, with a remaining lease of 72 years, stands at an estimated value of $90,245, translating to a price per square foot (PSF) of $902. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand within this sought-after locality. Queenstown, known for its strategic location and rich tapestry of amenities, remains a desirable destination for both homebuyers and investors alike.

However, it is crucial to note that the model confidence for this valuation is categorized as low, suggesting a degree of variability in market dynamics and buyer sentiment. The analysis is grounded in three recent HDB resale transactions in the vicinity, which provide a snapshot of current market activity. As the remaining lease decreases over time, the impact on property value will likely become more pronounced, necessitating careful consideration from prospective buyers in terms of long-term investment viability and potential capital appreciation.