3 Room (3I) HDB for Rent in 170 Stirling Road

The valuation of the HDB 3-room unit in Queenstown, with a remaining lease of 43 years, stands at an estimated value of $244,968, translating to $350 per square foot. This valuation reflects a market price that is in line with the baseline, indicating a stable demand within this well-established estate. Queenstown is recognized for its prime location and accessibility, making it an attractive option for both potential homeowners and investors alike.

Market dynamics in the area reveal that recent resale transactions have maintained a consistent trajectory, as evidenced by the analysis of 8 comparable properties. The model confidence is rated as medium, suggesting a balanced outlook influenced by various factors such as the remaining lease of the property and overall market sentiment. As the HDB lease period progresses, buyers may exhibit varying preferences, particularly towards properties with longer remaining leases, thereby impacting future valuations. However, the current market signal indicates a steady state, reflecting the resilience of Queenstown's appeal in the competitive landscape of Singapore's real estate market.