Room (HDB) for Rent in 5 Delta Avenue

The valuation of the HDB 2-room unit in Queenstown, with a remaining lease of 75 years, stands at an estimated value of $117,199, translating to a price per square foot (PSF) of $781. This valuation reflects a market price that is precisely aligned with the baseline, indicating a stable market dynamic in the Queenstown area. The high model confidence of this valuation is supported by an analysis of 35 recent HDB resale transactions, which reinforces the reliability of the data and the prevailing market conditions.

Queenstown has long been regarded as a prime location within Singapore, benefitting from its proximity to the central business district and well-established amenities. The steady demand for HDB properties in this locale, combined with a remaining lease of 75 years, positions this unit favorably in the market. Buyers are increasingly drawn to properties that offer a substantial lease period, contributing to the resilience of property values in the area. As such, the current valuation not only reflects the inherent qualities of the unit but also underscores the broader market trends influencing HDB prices in Queenstown.