Terraced House for Room Rent: Jubilee Road

The current valuation of the HDB 2-room unit in Clementi stands at an estimated value of $106,670, translating to a price per square foot (PSF) of $889. This valuation reflects a stable market condition, with a market price indicating a 0% difference from the baseline. The property enjoys a remaining lease of 75 years, which is a significant factor contributing to its valuation. In the context of Singapore's dynamic real estate landscape, properties with such a remaining lease tend to attract both first-time homebuyers and investors seeking long-term value.

Our analysis is grounded in data derived from nine recent HDB resale transactions within the Clementi vicinity. The model confidence is rated as medium, suggesting that while there are reliable indicators supporting this valuation, ongoing market fluctuations and external economic factors could introduce variability. The Clementi area remains a popular choice due to its strategic location and accessibility, which enhances the desirability of HDB units, particularly those with a reasonable remaining lease. As such, this valuation not only reflects current market conditions but also signals a sustained interest in HDB properties in the region.