Master Room (HDB) for Rent in 59 Strathmore Avenue

The valuation of the HDB 2-room unit in Queenstown, with a remaining lease of 75 years, stands at an estimated value of $119,052, translating to a price per square foot (PSF) of $794. This valuation reflects a market price that shows a stable equilibrium, with a notable 0% difference from the baseline, indicating that the property is currently priced in alignment with recent market trends and dynamics.

Based on a robust analysis derived from 37 recent HDB resale transactions in the vicinity, the model confidence in this valuation is rated as high. This confidence stems from the fundamental strength of the Queenstown area, which continues to be a sought-after locale due to its strategic location, accessibility, and amenities. The stability in price suggests a resilient market, where demand for HDB properties remains consistent despite broader economic fluctuations. Investors and homeowners alike should recognize the potential for long-term appreciation in value, particularly given the advantageous remaining lease of the property.