Master Room (HDB) for Rent in 703 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 $121,377, translating to a price per square foot (PSF) of $629. This valuation reflects a market price that is in alignment with the baseline, indicating a stable demand within this precinct. The model confidence is assessed as medium, suggesting that while the valuation is grounded in current market data, fluctuations may arise due to broader economic factors and local developments.

Recent transactions in the vicinity reveal a consistent trend, with nine comparable HDB resale units contributing to the analytical framework of this valuation. The lack of variance from the baseline price suggests a balanced market environment, where buyers and sellers are negotiating within a similar price range. The remaining lease of 52 years presents a unique consideration for potential buyers, as leasehold properties with shorter tenures often experience a depreciation in value. However, the sustained interest in the Clementi area, known for its accessibility and amenities, plays a crucial role in maintaining the property's market value, making it an intriguing opportunity for investors and homeowners alike.