3-Room HDB for Room Rent: 371 Clementi Avenue 4

The HDB 3-room property located in Clementi, with a remaining lease of 53 years, has been valued at an estimated $55,579, translating to a price per square foot (PSF) of $463. This valuation reflects the current market dynamics, indicating a stable market signal with a 0% variance from the baseline. It is crucial to note that the property sits in a mature and well-connected neighborhood, which enhances its desirability among potential buyers.

Our analysis is founded on a robust dataset comprising 8 recent HDB resale transactions within the vicinity, which lends a medium level of confidence to the model. While the valuation aligns closely with prevailing market prices, the remaining lease period is a critical factor influencing buyer sentiment and future resale potential. As the market evolves, properties with longer leases tend to attract more interest, making this valuation particularly significant for investors and homeowners alike who seek stability and growth in their real estate portfolio.