Terraced House for Room Rent: Jubilee Road

The valuation of the HDB 2-room unit in Clementi, with a remaining lease of 75 years, stands at an estimated value of $84,916, translating to a price per square foot (PSF) of $849. This valuation positions the property at a market price with a 0% difference from the baseline, indicating a stable market equilibrium for similar units in the vicinity. The analysis is grounded in recent market movements, with data drawn from 12 comparable HDB resale transactions, which reflect the prevailing demand and supply dynamics in this desirable locale.

Given the medium confidence level of this model, it is essential to consider the broader economic factors influencing the HDB market in Singapore. Clementi, known for its strategic location and robust amenities, continues to attract a diverse demographic, thereby sustaining its property values. The remaining lease of 75 years is significant, as it provides a substantial timeframe for potential appreciation, especially in a market characterized by a stable rental yield and increasing interest in public housing. Investors and homeowners alike should remain attentive to these market signals, as they highlight both the resilience and potential of HDB properties in this vibrant district.