Common Room (HDB) for Rent in 101 Clementi Street 14

The valuation of the HDB 2-room unit in Clementi, with a remaining lease of 57 years, stands at an estimated value of $100,466, translating to a price per square foot (PSF) of $670. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently priced in line with prevailing market conditions. Such stability is particularly significant in the context of ongoing fluctuations within the Singapore real estate market, where leasehold properties often face varying levels of demand based on their remaining tenure.

The model confidence in this valuation is categorized as medium, derived from a comparative analysis of 11 recent HDB resale transactions within the vicinity. This subset of data underscores the importance of local market dynamics, where factors such as proximity to amenities, transport links, and community infrastructure play a pivotal role in influencing property values. As the demand for HDB units remains resilient amidst a backdrop of urban development and demographic shifts, this valuation serves as a barometer for potential investors and homeowners considering entry into the Clementi market.