4 Room (4NG) HDB for Rent in 511 West Coast Drive

The valuation of the HDB 4-room flat in Clementi, with a remaining lease of 51 years, stands at an estimated value of $380,392, equating to a price per square foot (PSF) of $389. This valuation reflects a market price with a 0% difference from the baseline, indicating a stable environment in the current HDB resale market. The confidence level associated with this model is classified as medium, suggesting that while the data is grounded in recent transactions, fluctuations in buyer sentiment and economic conditions could impact future valuations.

Analysis of 14 recent HDB resale transactions in the vicinity supports this valuation, showcasing a consistent demand for properties in this area. Clementi, known for its strategic location and vibrant community, continues to attract buyers despite the remaining lease period. The stability in market pricing underscores the resilience of the HDB market in Singapore, particularly in mature estates like Clementi. As such, prospective buyers should consider both the remaining lease and the overall market dynamics when evaluating this property, as these factors will ultimately influence long-term investment potential.