3-Room HDB for Room Rent: 501 West Coast Drive

The valuation of the HDB 3-room unit in Clementi reflects a meticulous analysis of the current market dynamics, with an estimated value pegged at $84,808, translating to approximately $424 per square foot (PSF). This valuation is based on a robust dataset comprising 409 recent resale transactions within the vicinity, thereby ensuring a high degree of model confidence. The property, with a remaining lease of 52 years, is positioned strategically in a suburb known for its connectivity and community amenities, which plays a pivotal role in sustaining its market value.

Notably, the market signal indicates a 0% difference from the baseline, suggesting that the property’s valuation is aligned with current market trends without any significant deviations. This equilibrium reflects a stable demand for HDB units in Clementi, driven by factors such as proximity to educational institutions, shopping complexes, and efficient public transport systems. As the remaining lease approaches the mid-range threshold, potential buyers are advised to consider the implications of lease duration on future resale value, while also recognizing the inherent stability and desirability of the Clementi area as a long-term investment opportunity.