4-Room HDB for Room Rent: 96B Henderson Road

The valuation of the HDB 4-room unit in Queenstown, with a remaining lease of 91 years, has been estimated at $157,372, translating to a price per square foot of $1,049. This valuation reflects a market signal indicating no significant deviation from the baseline price, showcasing the stability of the current property market in the area. The strong performance is further supported by a robust model confidence rating, categorized as High, derived from a comprehensive analysis of 489 recent HDB resale transactions in the vicinity.

Queenstown has long been regarded as a desirable location within Singapore, characterized by its strategic accessibility and vibrant community amenities. The maintenance of value in this segment of the HDB market can be attributed to the enduring demand for housing in this mature estate, coupled with the substantial remaining lease. As the remaining lease is an essential factor influencing HDB valuations, properties with longer leases typically command greater interest from buyers, thus reinforcing the stability observed in this valuation. The absence of price fluctuation from the baseline emphasizes the resilience of the Queenstown market amidst broader economic shifts, positioning it as a consistently attractive option for both investors and homebuyers alike.