Common Room (HDB) for Rent in 162 Mei Ling Street

This analytical summary provides a comprehensive insight into the valuation of a 2-room HDB unit located in the vibrant Queenstown estate. With a remaining lease of 43 years, this property has been estimated at $56,387, translating to a competitive price of $376 per square foot. The valuation is grounded in robust market analysis, drawing on data from 20 recent HDB resale transactions within the vicinity, which underscores the property’s alignment with prevailing market dynamics.

The current market signal indicates a 0% difference from the baseline, suggesting that this property is priced in line with the current market conditions. This stability in pricing reflects a balanced demand and supply scenario in the Queenstown area, which is known for its strategic location and accessibility. With a high model confidence rating, this valuation provides potential buyers and investors with a reliable indication of the unit's market value, reinforcing the perception of Queenstown as a desirable residential enclave.