Common Room (HDB) for Rent in 95B Henderson Road

The valuation for the 2-room HDB unit in Queenstown, with a remaining lease of 92 years, stands at an estimated value of $119,307, translating to a price per square foot (PSF) of $1,230. This valuation is aligned with the current market price, indicating a 0% difference from the baseline. Such stability suggests that the property is neither undervalued nor overvalued, reflecting a balanced demand and supply scenario in this sought-after district.

However, it is crucial to note that the model confidence for this valuation is categorized as low, which implies that additional factors may be influencing the market dynamics that are not fully captured by the recent resale transactions. These transactions, though limited to four in the vicinity, provide a snapshot of market activity but may not encompass broader trends such as changes in buyer preferences, economic conditions, or the impact of upcoming infrastructure developments. As Queenstown continues to evolve as a residential hub, further analysis and more comprehensive data will be essential to enhance the accuracy of future valuations.