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, stands at an estimated value of $180,764, translating to a price per square foot (PSF) of $1,205. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting a stable and balanced pricing environment within this sought-after district. Queenstown is renowned for its strategic location, excellent accessibility, and well-established amenities, which collectively contribute to the robust demand for HDB properties in the area.

The model confidence for this valuation is classified as high, based on an analysis of 186 recent HDB resale transactions in the vicinity. The consistency in pricing trends observed across these transactions supports the reliability of the valuation, indicating that the market is currently stable and resilient. The extended lease duration of 91 years further enhances the appeal of this HDB unit, as properties with longer leases tend to attract more buyers due to their perceived longevity and investment potential. As such, this property represents a compelling opportunity for both owner-occupiers and investors looking to capitalize on the enduring desirability of the Queenstown locale.