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

The valuation of the 4-room HDB 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 price that is consistent with the baseline, indicating a stable yet cautious sentiment within the local property landscape. Given the low model confidence associated with this estimate, potential investors and homeowners should approach this valuation with an understanding of the prevailing market dynamics.

Recent transactional data, drawn from four comparable HDB resale transactions in the vicinity, highlights the competitive nature of the Clementi market. Factors influencing this valuation include the neighborhood's accessibility, amenities, and overall demand for HDB properties in Singapore. As the remaining lease diminishes, it is essential to consider how lease duration impacts buyer sentiment and future resale potential, particularly in a market that is increasingly sensitive to leasehold issues. The stability in pricing observed here suggests a momentary equilibrium, yet prospective buyers should remain vigilant to shifts in market sentiment that could influence future valuations.