Common Room (HDB) for Rent in 338 Clementi Avenue 2

The valuation of the HDB 2-room unit in Clementi, with a remaining lease of 53 years, stands at an estimated value of $100,956, translating to $673 PSF. This assessment is derived from a comprehensive analysis of nine recent HDB resale transactions in the vicinity, which reflects a stable pricing environment in this sought-after district. The current market price shows a 0% difference from the baseline, indicating that the property is positioned precisely at market equilibrium, suggesting a balanced supply and demand scenario.

Market dynamics in Clementi, known for its accessibility and vibrant community amenities, significantly influence the valuation. With a remaining lease of 53 years, potential buyers may weigh the implications of lease tenure on long-term investment prospects. The model confidence is rated as medium, reflecting the inherent uncertainties in the property market. However, the consistent transaction activity in the area underscores a healthy demand for HDB units, making this property an attractive consideration for buyers seeking a blend of affordability and location advantage.