3 Room (3I) HDB for Sale in 165 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 $222,352 or $345 PSF. This price is notably positioned above the market average, reflecting a significant 68.7% difference from the baseline. Such a valuation suggests a strong demand for properties in this locale, which is characterized by its strategic location and accessibility to urban amenities. The Queenstown area remains a sought-after residential choice, attributed to its historical significance and ongoing development projects.

However, it is essential to note that the model confidence in this valuation is categorized as low, indicating potential volatility and uncertainty in market dynamics. The estimation is based on only three recent HDB resale transactions in the vicinity, which may not provide a comprehensive overview of market trends. Potential buyers and investors should consider not just the current valuation but also the implications of the remaining lease period on future resale potential and investment viability. As such, close attention should be paid to both local market conditions and broader economic factors influencing the property landscape in Singapore.