Master Room (HDB) for Rent in 118 Clementi Street 13

The recent valuation of the HDB 2-room unit in Clementi, with a remaining lease of 57 years, stands at an estimated value of $99,023, equating to $660 per square foot. This valuation reflects a market price that is in line with the baseline, indicating a stable demand and supply equilibrium in the HDB resale market. The medium confidence level associated with this model suggests that while the valuation is grounded in empirical data, factors such as location desirability, unit condition, and macroeconomic trends should be considered for a more nuanced understanding of the property’s potential.

Given the analysis of 11 recent HDB resale transactions in the vicinity, it is critical to note that the market dynamics in the Clementi area are indicative of a resilient housing market, particularly for HDB properties with a substantial remaining lease. As the lease period continues to shorten, the implications for future valuation and buyer interest could shift, warranting close attention to market trends and buyer sentiment. Investors and homeowners alike should be cognizant of these dynamics as they navigate the evolving landscape of HDB resale properties in Singapore.