Cluster House for Room Rent: Westmont

This valuation report presents an analytical overview of a 2-room HDB unit located in Clementi, with a remaining lease of 83 years. The estimated value of the property is set at $88,892, translating to a price per square foot of $889 PSF. This valuation reflects a stable market position, with a noted 0% difference from the baseline market price, indicating that the property is aligned with current market trends and pricing dynamics in the area.

The valuation draws upon insights from nine recent HDB resale transactions within the vicinity, providing a robust comparative basis for the assessment. The model confidence for this valuation is rated as medium, suggesting a reliable but cautious outlook due to potential fluctuations in the market. Given the remaining lease of 83 years, this property presents a compelling investment opportunity, particularly in a well-established district like Clementi, which is known for its accessibility and community amenities. The stability of the market signal indicates that this unit is positioned well amidst current economic conditions, appealing to both first-time buyers and investors looking for long-term growth in the HDB sector.