Master Room (HDB) for Rent in 56 Strathmore Avenue

The valuation of the HDB 2-room unit in Queenstown, with a remaining lease of 73 years, is estimated at $129,834, translating to a price per square foot (PSF) of $811. This valuation reflects a market price that is consistent with baseline expectations, indicating a 0% difference from baseline values. Such stability in pricing can be attributed to the robust demand and supply dynamics in the Queenstown area, which continues to attract both homebuyers and investors seeking quality housing options within a well-established neighborhood.

With a model confidence rating of high, this valuation is supported by an analysis of 37 recent HDB resale transactions in the vicinity, providing a solid empirical foundation for the estimated value. The remaining lease of 73 years is particularly significant, as it positions the property favorably within the market, appealing to buyers who are increasingly considering long-term investment horizons. The resilience shown in the market signals suggests that Queenstown remains a desirable location, with its strategic accessibility and proximity to key amenities further enhancing its attractiveness in the competitive HDB landscape.