Common Room (HDB) for Rent in 182 Stirling Road

The valuation of the HDB 4-room flat located in Queenstown, with a remaining lease of 73 years, stands at an estimated value of $131,937, translating to a price per square foot (PSF) of $1,073. This valuation reflects a market signal indicating no deviation from the baseline price, suggesting a stable demand and a balanced supply within this well-established residential precinct. The Queenstown area, known for its strategic location and proximity to various amenities, continues to attract both owner-occupiers and investors alike, contributing to the overall resilience in pricing.

The high model confidence, bolstered by an analysis of 489 recent HDB resale transactions in the vicinity, underscores the reliability of this valuation. The consistent performance of HDB properties in Queenstown can be attributed to its historical significance and ongoing urban developments that promise enhanced connectivity and lifestyle options. As the HDB lease period remains robust at 73 years, potential buyers can be assured of a sound investment, given the area's enduring appeal and anticipated appreciation in value, driven by Singapore's continuous urban renewal initiatives.