Common Room (HDB) for Rent in 83 Redhill Lane

The valuation of this 4-room HDB property in Queenstown, with a remaining lease of 68 years, stands at an estimated value of $249,583, translating to a price per square foot (PSF) of $998. This valuation indicates a stable market condition, with the current market price showing a 0% deviation from the baseline, suggesting that the property is positioned at a fair market rate based on recent trends.

Our analysis draws on a robust dataset of 487 recent HDB resale transactions within the vicinity, allowing for a high level of model confidence in the valuation. The Queenstown area, known for its strategic location and evolving infrastructure, continues to attract buyers, making it a desirable choice for both homeowners and investors. The remaining lease of 68 years plays a critical role in this valuation, as it signifies a balance between longevity and marketability, thereby reinforcing the stability of property values in this prime district.