4-Room HDB for Room Rent: 103 Clementi Street 14

The valuation of the 4-room HDB unit in Clementi, with a remaining lease of 57 years, stands at an estimated value of $141,914, equating to a price per square foot (PSF) of $473. This assessment reflects a market equilibrium, as indicated by the 0% deviation from the baseline market price. Such stability in the valuation underscores the robust demand for HDB properties in the Clementi precinct, a highly sought-after locale known for its accessibility and community amenities.

Our analysis, grounded in the examination of 45 recent HDB resale transactions within the vicinity, demonstrates a high model confidence in this valuation. This confidence is pivotal in discerning the current market dynamics, particularly as the remaining lease of the property is a crucial factor influencing buyer sentiment and investment potential. As the remaining lease diminishes over time, the market tends to react variably; however, the resilience observed in this quarter indicates a balanced market where buyers are still willing to engage at established price points. Overall, the valuation reflects not only the intrinsic value of the property but also the broader trends shaping the HDB landscape in Singapore.