3 Room (3A) HDB for Rent in 506 West Coast Drive

The valuation of the HDB 3 Room property located in Clementi, with a remaining lease of 51 years, is estimated at $287,150, translating to a price per square foot (PSF) of $398. This valuation indicates a market price that is perfectly aligned with the baseline, reflecting a 0% difference. Such stability in pricing may suggest a balanced demand and supply scenario in the Clementi area, where the recent resale transactions have not deviated significantly from established norms.

However, it is crucial to note that the model confidence for this valuation is categorized as low, which may reflect underlying market volatility or insufficient transactional data to support a more robust analysis. With only four recent HDB resale transactions in the vicinity serving as the basis for this valuation, stakeholders should approach this figure with caution. The remaining lease of 51 years plays a pivotal role in influencing both buyer sentiment and long-term investment potential, as properties with shorter leases may experience decreased demand as the lease expiry date approaches. As such, potential investors should weigh the risks associated with lease duration against the current market dynamics in Clementi.