Common Room (HDB) for Rent in 50 Commonwealth Drive

The valuation of the HDB 4-room unit in Queenstown, with a remaining lease of 88 years, stands at an estimated value of $161,816 or $1,079 PSF. This pricing reflects a market price that is in perfect alignment with the baseline, indicating a 0% difference from the established market norm. Such stability in pricing underscores the resilience of the Queenstown area as a desirable residential hub, driven by its strategic location and robust community amenities.

Our analysis is reinforced by a significant dataset of 489 recent HDB resale transactions within the vicinity, showcasing a high model confidence level. This abundance of transactional data not only validates the current pricing but also highlights the consistent demand for HDB properties in this locale. The remaining lease period of 88 years contributes positively to the valuation, as it provides prospective buyers with a substantial tenure to enjoy the benefits of property ownership in a market characterized by its competitive nature and steady appreciation trends.