3 Room (3A) HDB for Sale in 61C Strathmore Avenue

In the vibrant real estate landscape of Singapore, the valuation of the HDB 3-room unit in Queenstown presents a compelling case for potential investors and homeowners alike. With an estimated value of $816,621 or $1,084 PSF, this property boasts a remaining lease of 83 years, a significant factor that underpins its long-term investment viability. The Queenstown area, known for its strategic location and accessibility, contributes to the overall desirability of this unit, which is reflected in its valuation metrics.

However, market dynamics reveal a nuanced picture. The assessed market price indicates a 3.6% difference from the baseline, suggesting that while there is a positive upward trend, caution is warranted as the model confidence is rated low. This valuation is based on only two recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market conditions or potential fluctuations. Investors should consider the implications of limited transaction data and the prevailing economic climate when evaluating this property as a viable investment opportunity.