3 Room (3NG) HDB for Rent in 704 West Coast Road

The valuation of the HDB 3-room unit in Clementi, with a remaining lease of 75 years, stands at an estimated value of $389,981, translating to a price per square foot (PSF) of $541. This evaluation is derived from a comprehensive analysis of 15 recent resale transactions in the vicinity, indicating a strong alignment with the current market price, demonstrating a 0% difference from the baseline. This stability in pricing suggests a robust demand for HDB properties in this area, reflecting the attractiveness of Clementi as a residential choice among potential buyers.

As the market dynamics evolve, the confidence level associated with this valuation is categorized as medium, indicating a fair degree of uncertainty influenced by broader economic factors and local market conditions. The remaining lease of 75 years is significant, as it positions the property favorably within the context of long-term investment potential. Buyers are increasingly considering the implications of lease duration on property value, and the relatively extensive remaining lease enhances the attractiveness of this unit in a competitive market landscape. This valuation serves as a testament to the enduring appeal of HDB living in Singapore, particularly within well-established neighborhoods like Clementi.