Room (HDB) for Rent in 716 Clementi West Street 2

HELIOS AI Analysis

<p>The valuation of the HDB 4-room unit in Clementi, with a remaining lease of 54 years, reflects a calculated estimated value of <strong>$122,298</strong> or <strong>$611 PSF</strong>. This valuation comes with a high model confidence, supported by a robust dataset comprising <strong>419 recent HDB resale transactions</strong> in the immediate vicinity. This solid statistical foundation underscores the reliability of the valuation and provides a clear insight into the current market dynamics.</p> <p>Notably, the property is positioned at a market price that indicates a <strong>0% difference from the baseline</strong>, suggesting that it is accurately priced in alignment with current market trends. The stability of the valuation is indicative of a balanced market environment in Clementi, where demand for HDB units remains consistent despite the progressive lease decay. As the remaining lease is a significant factor in HDB valuations, properties with over 50 years of lease remaining, such as this unit, tend to attract serious buyers, particularly those seeking long-term residency or investment opportunities in this well-established district.</p>