4 Room (4A) HDB for Rent in 118 Clementi Street 13

The valuation of the HDB 4-room unit in Clementi, with a remaining lease of 57 years, stands at an estimated value of $630,814, translating to a price per square foot (PSF) of $564. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting stable pricing dynamics in the current real estate landscape. The consistency of this valuation is particularly noteworthy, given its alignment with recent market transactions.

However, it is essential to highlight that the model confidence for this valuation is classified as low, necessitating a cautious approach for potential buyers and investors. The analysis draws upon two recent HDB resale transactions in the vicinity, which contribute to the current market understanding. As the remaining lease of the property is a critical factor in determining its long-term value, prospective buyers should consider the implications of the 57-year lease in relation to their investment horizon and the potential for future appreciation or depreciation in the context of Singapore's evolving real estate market.