4-Room HDB for Room Rent: 202 Clementi Avenue 6

The valuation of the HDB 4-room unit in Clementi, with a remaining lease of 57 years, is estimated at $131,793, translating to a price per square foot (PSF) of $659. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is positioned at an equilibrium point within the current market dynamics. The strong model confidence, rated as high, is bolstered by an extensive analysis of 424 recent HDB resale transactions in the vicinity, providing a robust foundation for this assessment.

In the context of Singapore's real estate landscape, the remaining lease period is a critical factor influencing value. As the remaining lease dwindles, properties in this category often face increased scrutiny from potential buyers who may be wary of future lease expirations. However, the resilience of the Clementi market, coupled with the unit's competitive pricing, indicates a sustained demand among homebuyers seeking affordable options in this desirable region. The stable valuation suggests that while the market remains cautious, it also reflects underlying confidence in the enduring appeal of HDB living in well-established neighborhoods like Clementi.