3-Room HDB for Room Rent: 343 Clementi Avenue 5

The valuation of the HDB 3 room unit in Clementi, with a remaining lease of 52 years, stands at an estimated value of $67,406, translating to a price per square foot (PSF) of $421. This valuation reflects a stable market condition, as indicated by a market price that shows no deviation from the baseline. Such stability suggests a balanced demand and supply scenario within the Clementi area, a locality well-regarded for its accessibility and amenities.

With model confidence rated as high, this valuation is further bolstered by the analysis of 451 recent HDB resale transactions in the vicinity, providing a robust dataset to underline the current market dynamics. The longevity of the remaining lease is a significant factor, as properties with over 50 years of lease remain attractive to a wide array of buyers, particularly those looking for a combination of affordability and potential appreciation in a mature estate. As the market evolves, this segment of HDB properties continues to reflect resilience, making it a noteworthy investment opportunity in the Singapore real estate landscape.