Room (HDB) for Rent in 464B Clementi Avenue 1

The valuation of the HDB 2 Room unit in Clementi, with a remaining lease of 75 years, stands at an estimated value of $317,344, equating to a price per square foot (PSF) of $907. This valuation reflects a notable stability in the current market, as indicated by the absence of deviation from the baseline market price, suggesting a balanced demand-supply dynamic in the region. As a well-established residential area, Clementi continues to attract both first-time buyers and investors due to its strategic location and accessibility to various amenities.

The model confidence for this valuation is categorized as medium, based on an analysis of nine recent HDB resale transactions in the vicinity. This moderate level of confidence may reflect the variability in individual property conditions and buyer preferences, despite the overall market sentiment being stable. The remaining 75 years of leasehold tenure is advantageous, positioning this property favorably in the eyes of potential buyers who are often inclined towards properties with substantial lease durations. As the market evolves, ongoing monitoring of transaction trends will be essential to provide deeper insights into the future valuation trajectory of this HDB unit.