4 Room (4NG) HDB for Rent in 708 Clementi West Street 2

The valuation of the HDB 4 Room unit in Clementi, with a remaining lease of 53 years, stands at an estimated value of $369,447, translating to approximately $377 per square foot. This valuation reflects a neutral market signal, as the price aligns closely with the baseline, indicating a 0% difference. Such stability in pricing suggests that the unit is maintaining its market position amidst the fluctuating dynamics of the Singapore real estate landscape.

However, it is essential to note the low model confidence associated with this valuation, underscoring the reliance on only two recent HDB resale transactions in the vicinity. This limited data set may not adequately capture the broader market trends or shifts in buyer sentiment, particularly in a market where the remaining lease of a property can significantly impact its attractiveness and resale potential. Investors and homeowners should consider these factors carefully, especially as they relate to the longevity of the lease and the implications for future capital appreciation.