4 Room (4NG) HDB for Rent in 508 West Coast Drive

The valuation of the HDB 4-room unit in Clementi, with a remaining lease of 51 years, stands at an estimated value of $589,716, translating to $590 PSF. This valuation reflects a stable market condition with a 0% difference from the baseline, indicating that the property is priced in line with current market expectations. The model confidence for this valuation is categorized as High, underscoring the reliability of the data derived from a robust sample size of 421 recent HDB resale transactions in the vicinity, which provides a comprehensive overview of local market trends.

Clementi is recognized for its strategic location and strong community amenities, making it a desirable area for both homeowners and investors alike. The 51-year remaining lease represents a significant consideration for potential buyers, as leasehold properties typically face value depreciation as they approach the end of their lease term. However, the current market dynamics suggest resilience in demand, likely driven by factors such as accessibility to public transport, reputable schools, and a vibrant neighborhood. This valuation not only reflects the current market landscape but also hints at the long-term investment potential for buyers considering the unique attributes of this HDB unit within the ever-evolving Clementi landscape.