Master Room (HDB) for Rent in 611 Clementi West Street 1

The valuation of the HDB 2 Room unit located in the highly sought-after Clementi area, with a remaining lease of 56 years, stands at an estimated value of $77,637, translating to a price per square foot (PSF) of $647. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand for HDB properties in this locale. The absence of deviation from baseline pricing suggests that the current market conditions are favorable, underscoring Clementi's appeal as a prime residential area.

Analyzing the market dynamics, it is noteworthy that this valuation is supported by 12 recent HDB resale transactions in the vicinity, providing a solid dataset for comparative analysis. The model confidence is categorized as medium, which suggests that while the data reflects a reliable trend, potential fluctuations in market sentiment or economic factors could influence future valuations. The remaining lease of 56 years is an essential consideration for prospective buyers, as it balances the intrinsic value of the property with the implications of leasehold tenure in the context of Singapore's real estate landscape.