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

The valuation of the HDB 3 Room unit in Clementi, with a remaining lease of 52 years, stands at an estimated value of $275,905, translating to a price per square foot (PSF) of $383. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently priced in alignment with recent market trends and comparable sales within the area. Such stability in pricing indicates a balanced demand and supply dynamic in the Clementi precinct, a region known for its strong residential appeal and connectivity.

With the model confidence rated as medium, this valuation is supported by an analysis of 15 recent HDB resale transactions in the vicinity, which collectively reinforce the current market sentiment. The remaining lease of 52 years is a crucial factor for prospective buyers, as it impacts long-term investment decisions. In the context of Singapore's evolving real estate landscape, properties with a substantial remaining lease like this one may continue to attract buyer interest, particularly among first-time homeowners seeking affordability without compromising on location.