Common Room (HDB) for Rent in 508 West Coast Drive

The valuation of the HDB 2-room unit located in Clementi, with a remaining lease of 51 years, stands at an estimated value of $89,891, translating to a price per square foot (PSF) of $599. This pricing reflects a stable market signal, with no deviation from the baseline, indicating a balanced demand-supply ratio in this segment of the HDB market. The enduring appeal of Clementi as a residential hub, coupled with its proximity to educational institutions and essential amenities, continues to underpin its market resilience.

Our analysis is derived from 11 recent HDB resale transactions in the vicinity, providing a credible basis for this valuation. The medium confidence level suggests a moderate predictability in market trends, influenced by factors such as the remaining lease period and overall buyer sentiment. As the lease term progresses, we anticipate a careful consideration among potential buyers regarding the longevity of their investment, which may further shape future transactions in this area.