Common Room (HDB) for Rent in 61C Strathmore Avenue

The valuation of the HDB 2-room unit in Queenstown, with a remaining lease of 84 years, stands at an estimated value of $153,834, translating to a price per square foot (PSF) of $1,026. This valuation reflects a market price that is in line with the baseline, indicating a stable demand environment without significant fluctuations. The consistent pricing suggests that the property is well-positioned within the current market, appealing to buyers who are looking for both affordability and a prime location.

The model confidence for this valuation is rated as medium, based on an analysis of 9 recent HDB resale transactions in the vicinity. This sample size provides a reasonable insight into the localized market dynamics while acknowledging potential variances due to individual property conditions and buyer sentiment. The remaining lease period of 84 years is a crucial factor in the valuation, as it offers prospective owners a substantial timeframe for occupancy and investment potential, aligning with the growing interest in Queenstown as a desirable residential area.