4-Room HDB for Room Rent: 506 West Coast Drive

The HDB 4 Room property located in Clementi, with a remaining lease of 50 years, presents a compelling valuation of $42,493, equating to a price per square foot (PSF) of $425. This valuation is particularly noteworthy as it reflects a market price that is consistent with the baseline, indicating a stable demand and supply equilibrium within this sought-after district. The high model confidence, derived from an extensive analysis of 159 recent HDB resale transactions in the vicinity, underscores the robustness of this valuation.

In the context of Singapore’s evolving property market, the remaining lease of 50 years plays a pivotal role in determining buyer sentiment and pricing dynamics. Properties with a shorter leasehold often face depreciation risks; however, Clementi's strategic location and excellent connectivity help mitigate these concerns, making it an attractive proposition for both owner-occupiers and investors alike. As market conditions remain favorable, this valuation serves as a critical benchmark for stakeholders aiming to navigate the complexities of the HDB resale landscape.