Common Room (HDB) for Rent in 95B Henderson Road

The HDB 2 Room unit in Queenstown, with a remaining lease of 92 years, is currently valued at approximately $119,307, translating to a price per square foot (PSF) of $1,230. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand within this locality. The lack of variance from the baseline suggests that the property is positioned well within the market, maintaining its value amidst fluctuating trends in the HDB sector.

Despite the favorable valuation, it is crucial to note the model's confidence level is categorized as low, which may indicate potential volatility in the market dynamics or insufficient comparable transactions to fully substantiate the estimated value. The analysis is derived from merely four recent HDB resale transactions in the vicinity, highlighting a limited data set that could affect the robustness of the valuation. Investors and homeowners should consider the implications of the remaining lease and the surrounding market conditions when evaluating this property, as leases approaching the 99-year mark can significantly impact future resale opportunities and overall investment viability.