Terraced House for Room Rent: D05 Buona Vista, West Coast, Clementi New Town

The valuation of the 2-room HDB in Clementi, with a remaining lease of 61 years, stands at an estimated value of $176,619, translating to a price per square foot (PSF) of $706. This valuation reflects a market price that is in perfect alignment with the established baseline, indicating a stable demand within this segment of the HDB market. The absence of deviation from the baseline suggests that the property is well-positioned within the local market dynamics, appealing to both first-time homebuyers and investors seeking affordable entry points in a desirable area.

Analysing the market signals derived from 11 recent HDB resale transactions in the vicinity, the medium model confidence emphasizes a cautious yet optimistic outlook for this property type. The strong demand for HDBs in Clementi, coupled with the remaining lease period, suggests that buyers are willing to pay a premium for properties that offer both accessibility and community amenities. As such, potential investors and homeowners should consider this valuation as a reflection of the current market equilibrium, while also remaining aware of the broader trends in the Singapore real estate landscape.