4 Room (4A) HDB for Sale in 55 Strathmore Avenue

The valuation of the HDB 4-room unit in Queenstown, with an estimated value of $942,078, reflects a nuanced understanding of the local market dynamics and property fundamentals. With a remaining lease of 73 years, this property stands at a price per square foot (PSF) of $922, which positions it competitively within the current market landscape. The analysis indicates a market price that is 2.4% above the baseline, suggesting a slight upward pressure on prices in this established residential enclave.

However, it is important to note that the model confidence for this valuation is categorized as low, which underscores the potential for variability in market conditions and the need for cautious interpretation of the data. The valuation is supported by recent resale transactions in the vicinity, with a sample size of six properties providing insight into current market trends. As Queenstown continues to evolve, the interplay of remaining lease terms and buyer sentiment will play a critical role in shaping future valuations, making it imperative for stakeholders to remain vigilant and informed.