Common Room (HDB) for Rent in 128 Kim Tian Road

The valuation of the HDB 2-room unit in Queenstown, with a remaining lease of 48 years, stands at an estimated value of $46,609, translating to a price per square foot (PSF) of $436. This figure reflects the current market conditions, showcasing a market price that aligns closely with the baseline, exhibiting a 0% difference. Such stability in valuation indicates a balanced demand and supply scenario within the Queenstown estate, which is renowned for its strategic location and connectivity.

However, it is essential to note that the model confidence for this valuation is categorized as low, suggesting potential volatility in the market and the influence of external factors that may affect future pricing trends. The analysis is bolstered by insights drawn from three recent HDB resale transactions in the vicinity, which provide a contextual backdrop for this valuation. Investors and homeowners alike should be cognizant of the implications of the remaining lease duration, as it plays a critical role in determining long-term property value and market appeal, particularly in a competitive landscape like Singapore's HDB market.