3 Room (3I) HDB for Rent in 341 Clementi Avenue 5

The valuation of this HDB 3 Room property in Clementi, with a remaining lease of 51 years, reflects a current estimated value of $317,980, translating to a price per square foot (PSF) of $397. This valuation indicates a market price that aligns perfectly with the baseline, showcasing a stability in the local housing market. The absence of any variance suggests that the property is currently priced at a competitive level relative to similar transactions in the area.

However, the model confidence level is rated as low, which indicates potential volatility or uncertainty in the current market dynamics. The valuation is grounded on three recent HDB resale transactions in the vicinity, providing a limited data set that may not fully capture broader market trends or shifts. With 51 years remaining on the lease, potential buyers should carefully consider the implications of the lease duration on long-term investment value, particularly in the context of evolving urban development and demographic shifts in Singapore.