3-Room HDB for Room Rent: 421 Clementi Avenue 1

The valuation of the 3-room HDB unit in Clementi, with a remaining lease of 85 years, is estimated at $72,335, translating to a price per square foot of $904. This valuation reflects a market signal indicating no deviation from the baseline, suggesting stable market conditions in the area. The valuation is grounded on recent resale transactions within the vicinity, providing a snapshot of current market sentiment and pricing trends among comparable properties.

However, it is important to note that the model confidence for this valuation is classified as low. This may indicate variability in the transaction data or external market factors that could influence the property’s actual sale price. With only five recent transactions serving as the basis for this analysis, potential buyers and investors should exercise caution and consider the broader market dynamics at play, including the implications of the remaining lease length on future value appreciation and demand within the Clementi region.