3 Room (3NG) HDB for Rent in 374 Clementi Avenue 4

The valuation of the HDB 3-room property in Clementi, with a remaining lease of 54 years, stands at an estimated value of $350,998, translating to a price per square foot of $501. This valuation reflects the current market price, indicating a 0% difference from the baseline, suggesting a stabilizing trend within the local property market. The analysis is grounded in recent data from 14 HDB resale transactions in the vicinity, which provides a robust comparative framework for the valuation.

Given the property’s remaining lease, potential buyers may weigh the implications of the leasehold tenure on long-term investment value. A remaining lease of 54 years typically positions the property within a moderate risk profile for resale appreciation, particularly in a market like Singapore, where lease duration can significantly influence buyer sentiment. Furthermore, the medium confidence level in the model indicates that while the data supports the current valuation, fluctuations in market dynamics may still occur, influenced by broader economic factors and housing demand in the Clementi district.