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

In the current real estate landscape of Singapore, 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 $564 per square foot (PSF). This valuation reflects a market price that showcases a 0% difference from the baseline, indicating a stable market condition without significant fluctuations in recent pricing trends. The underlying data for this valuation is derived from just two recent HDB resale transactions in the vicinity, suggesting a limited pool of comparable sales which has led to a model confidence rating of low.

The dynamics of the HDB leasehold market play a crucial role in shaping property values, particularly in areas such as Clementi, which is known for its accessibility and amenities. With the remaining lease of 57 years, potential buyers might exhibit cautious optimism, balancing the property's location advantages against the shorter lease, which can impact long-term investment value. As the market stabilizes, stakeholders should consider both the current valuation and the broader economic indicators that might influence future demand and pricing trends in the HDB sector.