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

The valuation of the HDB 3-room unit in Queenstown, with a remaining lease of 83 years, stands at an estimated value of $816,621, translating to a price per square foot (PSF) of $1,084. This valuation reflects a market signal indicating a 3.6% difference from the baseline, which suggests a slight appreciation in value compared to recent trends. However, it is essential to note that the model confidence is categorized as low, which implies a degree of uncertainty in the current market dynamics.

Recent resale transactions in the vicinity, albeit limited to two, provide a foundational basis for this valuation. The Queenstown area, known for its strategic location and established amenities, continues to attract interest from potential buyers, contributing to the stability of property values. Nonetheless, the limited data points necessitate a cautious approach in interpreting the valuation, as market fluctuations and evolving buyer preferences can significantly impact future pricing trends. Stakeholders are advised to monitor ongoing market conditions closely, as the interplay between remaining lease duration and market appetite will invariably shape the HDB landscape in this sought-after district.