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

In the current landscape of Singapore’s real estate market, the valuation of this 4-room HDB 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 0% difference from the established market norm. Such stability in pricing suggests a balanced demand and supply scenario within the Clementi district, an area recognized for its strategic location and robust amenities.

However, it is crucial to note that the model confidence in this valuation is categorized as low, primarily due to the reliance on only two recent HDB resale transactions in the vicinity. This limited dataset may not fully encapsulate the broader market dynamics or potential fluctuations in buyer sentiment, particularly in light of the property’s remaining lease period. As the lease diminishes, potential buyers may exhibit varying levels of interest, which could impact future resale opportunities and the overall valuation trajectory of this property. Stakeholders should remain vigilant and consider these factors when navigating the Clementi HDB market.