Common Room (HDB) for Rent in 432 Clementi Avenue 3

The valuation of the HDB 2 Room unit in Clementi, with a remaining lease of 75 years, stands at an estimated value of $178,323, translating to a price per square foot (PSF) of $892. This valuation is noteworthy as it reflects a market price that is in line with the baseline, indicating a stable demand in the area. The absence of variation from the baseline suggests a highly competitive market, where recent sales instances have reinforced the existing valuation framework.

Analyzing the market dynamics, this valuation is supported by a comprehensive assessment of 12 recent HDB resale transactions within the vicinity. The medium confidence level indicates a reasonable certainty in this valuation, albeit with the acknowledgement of potential market fluctuations. Given the remaining lease of 75 years, this property presents an attractive opportunity for both investors and first-time homeowners, especially in a neighborhood like Clementi, known for its accessibility and robust infrastructure. As such, this valuation not only highlights the current state of the HDB market in Clementi but also underscores the significance of lease duration in determining property desirability and value retention over time.