Common Room (HDB) for Rent in 80 Strathmore Avenue

The valuation of the HDB 2 Room unit in Queenstown, with a remaining lease of 66 years, stands at an estimated value of $72,224, translating to a price per square foot (PSF) of $722. This valuation is particularly noteworthy, as it reflects a market price that is consistent with the baseline, indicating a stable demand in this sought-after locality. Queenstown, known for its strategic location and robust connectivity, continues to attract interest from both homeowners and investors, thereby reinforcing its value proposition in the HDB resale market.

Our analysis is underpinned by a comprehensive review of 35 recent HDB resale transactions within the vicinity, lending a high degree of confidence to the model's valuation. The consistent PSF rate suggests that buyers are currently willing to pay premium prices for properties in this area, driven by the limited supply of HDB units and the enduring appeal of Queenstown as a residential hub. As the remaining lease diminishes, it will be crucial for prospective buyers to consider the long-term implications of leasehold properties in Singapore, particularly in a dynamic market where lease duration can significantly influence resale value and buyer sentiment.