3 Room (3NG) HDB for Rent in 320 Clementi Avenue 4

The valuation of the HDB 3-room unit in Clementi, with a remaining lease of 52 years, stands at an estimated value of $348,829, translating to a price per square foot of $484. This valuation reflects a market signal of zero percent difference from the baseline, indicating a stable pricing environment within the region. Such stability is particularly notable given the current dynamics of the Singapore property market, which has seen fluctuations in demand and pricing across various segments.

The model confidence for this valuation is classified as low, suggesting that while the estimated value is grounded in recent transactions, the potential for variability remains. This is further corroborated by the analysis of three recent HDB resale transactions in the vicinity, which have contributed to a nuanced understanding of local market trends. The remaining lease of 52 years is an essential factor, as properties with shorter leases can often experience decreased demand and valuation, particularly among owner-occupiers and investors who prioritize long-term tenure.

• Property Type: HDB 3 Room
• Location: Clementi
• Remaining Lease: 52 years
• Estimated Value: $348,829
• Price per Square Foot: $484
• Market Signal: 0% difference from baseline
• Model Confidence: Low