Common Room (HDB) for Rent in 112 Commonwealth Crescent

The valuation of the HDB 4-room unit in Queenstown, with a remaining lease of 42 years, stands at an estimated value of $111,086, equivalent to $617 per square foot. This valuation is notable for maintaining a market price that exhibits a 0% difference from the baseline, indicating a strong alignment with the current market conditions. Such stability reflects an equilibrium in demand and supply dynamics within the Queenstown area, which is characterized by its strategic location and robust infrastructure.

Our analysis is grounded in a substantial dataset, drawing insights from 489 recent HDB resale transactions in the vicinity. This extensive dataset enhances the model's confidence, rated as high, affirming the reliability of the valuation. As the remaining lease period of 42 years is factored into the pricing dynamics, potential buyers are likely to perceive this property as a sound investment, balancing the longevity of tenure with the immediate lifestyle benefits that the Queenstown estate offers. Thus, the current valuation not only underscores the property's intrinsic value but also reflects the broader trends influencing the HDB market in Singapore.