4 Room (4STD) HDB for Rent in 461 Clementi Avenue 3

The valuation of the HDB 4-room unit in Clementi, with a remaining lease of 75 years, has been estimated at $976,407, translating to $976 PSF. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand for HDB properties in this desirable area. The lack of deviation from the baseline suggests a balanced market condition, where supply meets demand effectively, and potential buyers are willing to pay the current price without much negotiation.

However, it is important to note that the model confidence for this valuation is categorized as low, which may stem from various factors including the limited number of recent transactions—only three comparable HDB resale transactions in the vicinity were analyzed. This scarcity of data can lead to uncertainties in the valuation process, making it imperative for prospective buyers and investors to conduct thorough due diligence. The longevity of the remaining lease is a significant advantage, providing security and stability for future homeowners, yet the overall market dynamics should be closely monitored as they can impact future valuations.