Common Room (HDB) for Rent in 801B West Coast Crescent

The valuation of the HDB 2 Room unit in Clementi, with a remaining lease of 96 years, stands at an estimated value of $127,687, translating to a price per square foot (PSF) of $851. This valuation reflects the current market dynamics in the area, showcasing that the property is positioned at a market price with a 0% difference from the baseline. Such stability indicates a balanced demand and supply scenario, where the valuation aligns closely with prevailing transaction prices in the vicinity.

Model confidence for this valuation is assessed as medium, grounded in an analysis of 11 recent HDB resale transactions within the neighborhood. This dataset provides a robust foundation for understanding local market trends, particularly in the context of HDB properties. The long remaining lease of 96 years is a significant factor that enhances the property’s appeal, as it offers potential buyers a considerable period of occupancy without the concern of impending lease expiry. As market conditions fluctuate, this property’s valuation is indicative of the resilience and attractiveness of the Clementi area as a sought-after residential location in Singapore.