Master Room (HDB) for Rent in 701 West Coast Road

The valuation of the HDB 2-room unit in Clementi, with a remaining lease of 52 years, has been estimated at $92,143, translating to a price per square foot of $614. This valuation aligns with the current market price, indicating a 0% difference from the baseline. The stability in pricing suggests a balanced supply and demand dynamic within the Clementi vicinity, particularly noteworthy given the surrounding residential landscape and its appeal to both first-time buyers and investors.

Analyzing the recent transactions, which encompass 11 HDB resale properties in the area, the model confidence is assessed as medium. This reflects a reasonable degree of certainty in the valuation, albeit with a recognition of potential market fluctuations that could influence future pricing. The 52-year remaining lease is a critical factor in this context, as it positions the property within a segment of the market that may attract buyers who prioritize location and immediate accessibility over long-term lease concerns. As such, this valuation serves as a pivotal reference point for stakeholders looking to navigate the complexities of the Singapore HDB market.