Common Room (HDB) for Rent in 704 West Coast Road

The valuation of the HDB 2 Room unit in Clementi, with a remaining lease of 52 years, stands at an estimated value of $88,433, translating to a price per square foot (PSF) of $590. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand in the area. Such dynamics are particularly significant given the proximity to essential amenities and transport links, which continue to enhance the attractiveness of Clementi as a residential choice.

Our analysis is underpinned by data from 11 recent HDB resale transactions within the vicinity, providing a robust foundation for the estimated value. The model confidence for this valuation is categorized as medium, suggesting that while the data indicates a reliable trend, external market factors could influence future valuations. The presence of a 52-year lease is crucial, as it aligns with buyer preferences for longevity and value retention in HDB properties. As the market continues to evolve, monitoring the demand and supply dynamics will be essential for stakeholders in the real estate sector.