3 Room (3NG) HDB for Rent in 607 Clementi West Street 1

The valuation of the HDB 3-room unit in Clementi, with a remaining lease of 51 years, is estimated at $287,693, translating to a price per square foot (PSF) of $399. This valuation reflects a market price that maintains a stable position with a 0% difference from the baseline, indicating that the property is aligned with current market trends and demand within the vicinity. The analysis is grounded in data obtained from 12 recent HDB resale transactions in the area, providing a reliable context for this valuation.

The medium level of model confidence suggests that while the valuation is sound, it is essential to acknowledge the inherent fluctuations within the HDB market, especially with properties that have a remaining lease of over 50 years. The Clementi region is known for its strategic location and well-developed infrastructure, which supports demand for HDB units. As the market continues to evolve, potential buyers and investors should consider both the remaining lease and the broader market dynamics when assessing the long-term value of this property.