4 Room (4STD) HDB for Rent in 412 Commonwealth Avenue West

The valuation of the HDB 4-room unit in Clementi, with a remaining lease of 53 years, stands at an estimated value of $447,436, translating to $429 PSF. This valuation reflects a market price that indicates a 0% difference from the baseline, suggesting that the property is positioned at a stable price point within the current market dynamics. It is noteworthy that the model confidence for this valuation is categorized as low, indicating a degree of uncertainty influenced by fluctuating market conditions and limited comparable transactions.

Recent data from three comparable HDB resale transactions in the vicinity provide the foundational basis for this valuation, yet the lack of robust transaction volume may contribute to the low confidence rating. As the remaining lease of 53 years is a significant factor in the valuation, potential buyers should consider the implications of leasehold duration on future resale value and property appreciation. Given the competitive nature of the Clementi area and its proximity to essential amenities and transport links, this HDB unit remains an attractive proposition, although buyers are advised to approach the market with a keen awareness of the evolving economic landscape.