4-Room HDB for Room Rent: 209A Clementi Avenue 6

The valuation of the HDB 4 room unit in Clementi, with a remaining lease of 95 years, stands at an estimated value of $128,970, translating to a price per square foot (PSF) of $1,290. This valuation is notable as it reflects a market price that is aligned with the baseline, indicating a stable demand in this region. The high model confidence level, derived from an analysis of 35 recent HDB resale transactions in the vicinity, underscores the reliability of this estimate and suggests that the unit is competitively priced within the current market dynamics.

Clementi continues to be a sought-after location, characterized by its strategic connectivity and proximity to essential amenities. The remaining lease of 95 years enhances the attractiveness of this property, as prospective buyers typically favor longer leases that provide security and peace of mind. As the HDB market in Singapore adjusts to various economic factors, the stability evidenced by this valuation indicates that the Clementi area remains resilient, with strong underlying demand supporting property values.