Common Room (HDB) for Rent in 62A Strathmore Avenue

The valuation of this HDB 4-room property in Queenstown, with a remaining lease of 84 years, stands at an estimated value of $68,195, translating to a price per square foot (PSF) of $1,049. This figure reflects a market position that is consistent with the baseline, indicating a stable market price with a 0% difference from the baseline valuation. This stability is particularly notable given the dynamic nature of the Singapore real estate market, where fluctuations are common. The high model confidence associated with this valuation underscores the reliability of the data, derived from an extensive analysis of 489 recent HDB resale transactions in the vicinity.

Queenstown, known for its prime location and robust community infrastructure, continues to be a sought-after district for homebuyers and investors alike. The remaining lease period of 84 years positions this property favorably, ensuring that it retains its appeal for future transactions. As demand for HDB properties in mature estates remains strong, this valuation not only highlights the property’s market competitiveness but also reflects broader trends in Singapore's residential market where leasehold duration plays a critical role in influencing buyer sentiment and pricing dynamics. The combination of a high confidence level and consistent market pricing suggests a favorable outlook for potential investors and homeowners considering entry into this vibrant locale.