Common Room (Landed) for Rent in Jubilee Road

The valuation of the HDB 2 Room unit in Clementi, with a remaining lease of 75 years, stands at an estimated value of $84,916, translating to a price per square foot of $849 PSF. This valuation reflects a stable market signal, as it aligns with the baseline price, indicating no significant deviation in market dynamics. Such a positioning suggests a balanced equilibrium between supply and demand in this thriving residential enclave, which is renowned for its strategic location and robust community facilities.

Analysis of the recent HDB resale transactions in the vicinity, totaling 12, reinforces a medium confidence level in this valuation. The consistent pricing trends observed within this micro-market indicate a steady demand profile for HDB units in Clementi, particularly those with longer remaining leases. As prospective buyers seek stability and potential appreciation in property value, the 75-year lease remains an attractive feature, enhancing the appeal of this unit amidst fluctuating market conditions. This valuation not only reflects current pricing but also underscores the importance of lease duration as a critical factor in property desirability in Singapore's competitive real estate landscape.