3-Room HDB for Room Rent: 308 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 $51,629, translating to a price per square foot (PSF) of $430. This valuation indicates a market price that reflects a stable equilibrium, with no significant deviation from the baseline, suggesting a current market sentiment that is neither bullish nor bearish. Given the unit's remaining lease, it is imperative to contextualize this valuation within the broader dynamics of the HDB resale market in the region.

Recent transactions in the vicinity, encompassing four resale activities, provide a limited yet insightful perspective on the pricing trends in Clementi. The low model confidence associated with this valuation underscores the inherent variability and uncertainty in the market, particularly given the significant weight that lease duration carries in determining HDB values. As prospective buyers navigate the complexities of the current market landscape, the interplay of lease length and prevailing market conditions will be critical in influencing their purchasing decisions and investment strategies.