5 Room (5A) HDB for Rent in 604 Clementi West Street 1

The valuation of the 5-room HDB unit in Clementi, with an estimated value of $436,734 and a price per square foot (PSF) of $341, reflects the current dynamics of the local property market. With a remaining lease of 51 years, this property stands at a pivotal point where the balance of lease duration significantly impacts market desirability and buyer sentiment. As the remaining lease diminishes, potential buyers often exhibit heightened caution, leading to more conservative pricing and valuation assessments.

The market signal indicates a 0% difference from the baseline, suggesting a stable yet cautious approach from buyers and sellers alike in this area. This stability is underscored by the low model confidence, which is attributed to the limited dataset derived from only two recent HDB resale transactions in the vicinity. Such a small sample size can result in variability in market trends, prompting a careful analysis of both current market conditions and future trajectories of property values in Clementi.

• Property Type: HDB 5 Room
• Location: Clementi
• Remaining Lease: 51 years
• Estimated Value: $436,734 ($341 PSF)
• Market Signal: 0% difference from baseline
• Model Confidence: Low
• Recent Transactions: 2