4-Room HDB for Room Rent: 612 Clementi West Street 1

In the current assessment of the HDB 4-room unit located in the vibrant Clementi area, with a remaining lease of 56 years, the estimated property value stands at $53,999, translating to a price per square foot (PSF) of $450. This valuation is firmly anchored in a robust analysis of local market conditions, drawing insights from a comprehensive dataset of 80 recent HDB resale transactions in the vicinity. The findings indicate a 0% difference from the baseline market price, suggesting that this property is currently valued in line with prevailing market trends.

The stability in the valuation reflects a high level of market confidence, underscored by a High model confidence rating. The Clementi locality continues to be a sought-after residential enclave, characterized by its strategic connectivity and proximity to amenities, which has historically driven demand for HDB units. With a remaining lease of 56 years, this property is positioned within a moderate leasehold timeframe, appealing to both first-time buyers and investors looking for stable long-term returns. As the market evolves, ongoing monitoring of transaction trends will be essential to gauge future movements and opportunities within this dynamic sector.