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

The current valuation of the HDB 3-room unit in Queenstown stands at approximately $816,621, translating to an impressive $1,084 PSF. With a remaining lease of 83 years, this property is positioned within a dynamic segment of the Singapore real estate market, which continues to show resilience despite varying economic conditions. The estimated value reflects a market price that is approximately 3.6% above the baseline, indicating a positive sentiment in the area that could be attributed to Queenstown’s accessibility and amenities.

However, it is essential to note that the model confidence for this valuation is assessed as low, primarily based on a limited dataset of only two recent HDB resale transactions in the vicinity. This suggests that while the current valuation is promising, it may be subject to fluctuations based on broader market trends and buyer sentiment. Investors and potential buyers should consider these factors carefully, particularly the implications of the remaining lease and how it may impact future resale value in this evolving neighborhood.