3 Room (3NG) HDB for Rent in 602 Clementi West Street 1

This valuation report presents an analytical overview of a 3-room HDB unit located in the sought-after Clementi area, boasting a remaining lease of 52 years. The estimated value for this property stands at $355,207, which translates to an approximate $403 per square foot (PSF). Notably, this valuation reflects a market price with a 0% difference from the baseline, indicating a stable market condition with no significant fluctuations in recent transactions.

The model confidence for this valuation is categorized as medium, based on a comprehensive analysis of 12 recent HDB resale transactions within the vicinity. The consistency in pricing suggests a balanced demand and supply dynamic in the Clementi region, which is well-known for its accessibility and vibrant community offerings. As such, potential buyers and investors should consider the implications of the remaining lease term, as it may influence future resale value and demand in this competitive market.