3 Room (3NG) HDB for Rent in 307 Clementi Avenue 4

The valuation of the HDB 3-room property in Clementi, with a remaining lease of 52 years, stands at an estimated value of $315,535, translating to a price per square foot (PSF) of $438. This valuation reflects a stable market condition, as indicated by the market price being in equilibrium with the baseline, showing a 0% difference. Such stability is a positive signal for potential buyers and investors, suggesting that the property is competitively priced within its locality and aligns with recent market trends.

Our analysis, grounded in data from nine recent HDB resale transactions in the vicinity, reveals a medium confidence level in this valuation. Factors influencing this appraisal include the property’s lease tenure, which is a critical determinant in the HDB market, particularly in Singapore where lease duration significantly impacts buyer sentiment and investment appeal. The remaining lease of 52 years provides a reasonable buffer for buyers looking for a medium-term investment, while the Clementi locale, known for its accessibility and amenities, continues to attract demand. As the market evolves, monitoring lease dynamics will be essential for understanding future value trajectories.