Common Room (HDB) for Rent in 704 West Coast Road

The valuation of the HDB 2 Room unit in Clementi, with a remaining lease of 52 years, is estimated at $72,092 or $601 PSF. This valuation reflects a market price that is on par with the baseline, indicating a stable demand and supply equilibrium within the local real estate market. The absence of significant price fluctuation suggests that the property is positioned within a consistent market environment, which is essential for potential buyers and investors seeking a reliable asset.

Our analysis is supported by a review of 12 recent HDB resale transactions in the vicinity, showcasing a medium level of model confidence. The current valuation underscores the importance of lease duration in the HDB market, as properties with longer remaining leases typically command higher prices. As Clementi continues to develop, with its strategic location and accessibility, this HDB unit offers a potential investment opportunity while maintaining a firm market standing amidst evolving economic conditions.