Common Room (HDB) for Rent in 8A Boon Tiong Road

The valuation of the HDB 2 Room unit in Queenstown, with a remaining lease of 78 years, stands at an estimated value of $129,494, translating to a price per square foot (PSF) of $804. This valuation is particularly significant as it reflects a market price that is aligned with the baseline, indicating a stable demand and supply equilibrium in the local HDB market. The model confidence for this assessment is rated as high, bolstered by a robust dataset comprising 35 recent HDB resale transactions in the vicinity.

Queenstown, long regarded as a prime residential area, continues to showcase resilience in its property values, supported by its strategic location and accessibility to amenities. The remaining lease of 78 years offers a balance between long-term investment potential and current market dynamics. As the urban landscape evolves, the underlying fundamentals remain strong, suggesting that properties such as this HDB unit may well retain their value amidst shifting market conditions. Investors and homeowners alike should be cognizant of these factors when considering their position in this vibrant HDB market.