3-Room HDB for Room Rent: 702 West Coast Road

The valuation of the HDB 3-room unit in Clementi, with a remaining lease of 52 years, reflects a current estimated value of $192,918, translating to a price per square foot (PSF) of $386. This valuation is positioned at a baseline market price, indicating a stable demand in the area with a 0% difference from the baseline. The medium level of model confidence suggests a balanced market sentiment, influenced by both historical data and recent trends observed in the locality.

Analysis of recent market activity reveals that the valuation is supported by 8 recent HDB resale transactions in the vicinity, providing a robust dataset for comparison. This data indicates a consistent interest in HDB properties in Clementi, despite the diminishing lease term. The presence of amenities and transport links in the area continues to bolster market appeal, thus maintaining a competitive edge for properties like this one. As the market evolves, monitoring lease longevity and buyer sentiment will be essential in navigating future valuations in this vibrant district.