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, stands at an estimated value of $131,793, translating to a price per square foot (PSF) of $659. This valuation is notably consistent with the current market price, reflecting a 0% difference from the baseline. Such stability in pricing indicates a balanced market environment, where demand and supply align closely, making it a potentially attractive option for both homeowners and investors looking to penetrate the vibrant Clementi district.

Our analysis is bolstered by a robust dataset, encompassing 424 recent HDB resale transactions within the vicinity, which instills a high level of confidence in the model’s accuracy. The remaining lease of 57 years is a significant factor, as properties with longer leases tend to command higher demand, particularly among younger families and first-time buyers. This aligns with broader market dynamics in Singapore, where the desirability of HDB properties remains resilient, despite fluctuations in the overall real estate landscape. The combined insights from recent transactions and the current valuation position this property as a compelling opportunity in an area characterized by strong community amenities and connectivity.