4-Room HDB for Room Rent: 61A Strathmore Avenue

The valuation of the HDB 4-room unit located in Queenstown, with a remaining lease of 83 years, stands at an estimated value of $202,207, translating to a price per square foot (PSF) of $1,011. This valuation reflects a stable market signal with a 0% difference from the baseline, indicating that the property is currently positioned at par with prevailing market trends. The district of Queenstown, known for its strategic location and connectivity, continues to attract a steady demand for HDB resale properties, further underpinning the valuation stability.

However, it is imperative to note that the model confidence for this valuation is rated as low, suggesting potential uncertainties in the predictive accuracy of the valuation model. This assessment is based on a limited dataset of only six recent HDB resale transactions within the vicinity, which may not fully capture the broader market dynamics or fluctuations in buyer sentiment. Consequently, while the property remains competitively valued, prospective buyers and investors should exercise caution and consider comprehensive market analytics before making decisions.