5 Room (5STD) HDB for Rent in 723 Clementi West Street 2

The valuation of the 5-room HDB unit in Clementi, with a remaining lease of 53 years, stands at an estimated value of $576,199, translating to a price per square foot (PSF) of $446. This valuation reflects a keen equilibrium within the market, as it registers a 0% difference from the baseline price, indicating a stable market sentiment and consistent demand for properties in this sought-after area.

With a robust model confidence rating classified as high, this valuation is bolstered by an analysis of 55 recent HDB resale transactions within the vicinity, showcasing a healthy transactional volume that suggests sustained interest and activity in the local real estate landscape. The remaining lease of 53 years is a critical factor in the valuation, as it aligns with buyer expectations and financing considerations, ensuring that the property remains an attractive option for potential homeowners looking for a balance between affordability and longevity in their investment.