3-Room HDB for Room Rent: 602 Clementi West Street 1

The HDB 3-room unit located in the prestigious Clementi region, with a remaining lease of 52 years, presents a compelling investment opportunity within the current market landscape. With an estimated value of $48,327, equating to a price per square foot of $403, this property aligns closely with the baseline market price, indicating a stable valuation amidst prevailing economic conditions.

Market analysis based on 12 recent resale transactions in the vicinity shows a 0% difference from the baseline, suggesting that the property's pricing is competitive and reflective of current buyer sentiment. The medium confidence level of our valuation indicates a balanced outlook, suggesting that while the property retains intrinsic value, potential fluctuations in the market could affect future appreciation. The remaining lease of 52 years is an essential factor for prospective buyers, as properties with longer leases typically attract higher demand, ensuring sustained interest in this prime Clementi location.