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

The HDB 4-room property located in the sought-after Clementi district, with a remaining lease of 75 years, carries an estimated value of $946,138, translating to a price per square foot (PSF) of $976. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand in the area. The Clementi region is known for its strategic location and accessibility, making it a desirable choice for both homeowners and investors alike.

However, the model confidence for this valuation is categorized as low, suggesting that fluctuations in market dynamics and recent transaction data should be closely monitored. The analysis is based on six recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market trends or potential anomalies. As such, it is crucial for prospective buyers and stakeholders to consider the evolving landscape of the HDB market in Clementi, particularly as lease duration can significantly influence property value over time. The longevity of the remaining lease is a critical factor that can impact both immediate investment viability and long-term appreciation.