Room (HDB) for Rent in 501 West Coast Drive

The valuation of the HDB 2-room unit in Clementi, with a remaining lease of 75 years, stands at an estimated value of $181,340, translating to a price per square foot of $907. This valuation reflects a strong alignment with the current market dynamics, evidenced by a 0% difference from the baseline market price. Such stability in pricing suggests a robust demand for HDB properties in this region, which is known for its strategic location and accessibility to essential amenities.

Analyzing the market signals, the model confidence is rated as medium, indicative of a balanced but cautious outlook in the context of recent transactions. Notably, this valuation is supported by data from nine recent HDB resale transactions in the vicinity, underscoring the competitive landscape of the Clementi market. Factors such as the area’s proximity to educational institutions, commercial hubs, and transport networks contribute to the sustained interest in HDB properties, particularly for buyers seeking long-term investment opportunities in Singapore’s evolving real estate sector.