3 Room (3NG) HDB for Rent in 429 Clementi Avenue 3

The valuation of the HDB 3-room unit in Clementi, with a remaining lease of 75 years, stands at an estimated value of $546,493, translating to approximately $681 per square foot (PSF). This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the current price aligns closely with the prevailing market conditions. Such stability in pricing may be indicative of a balanced demand and supply situation within this sought-after precinct of Singapore.

However, it is important to note that the model confidence for this valuation is categorized as low, which suggests that there may be underlying variables influencing the market that are not fully captured in the recent transactions analyzed. The valuation is based on only four recent HDB resale transactions in the vicinity, which may not provide a comprehensive view of the market dynamics at play. As such, prospective buyers and investors should approach this valuation with a degree of caution, taking into account the long-term implications of the remaining lease on property appreciation and the overall market sentiment in the Clementi area.