3 Room (3I) HDB for Rent in 329 Clementi Avenue 2

The valuation of the HDB 3-room property located in Clementi, with a remaining lease of 50 years, stands at an estimated value of $317,616, translating to approximately $441 PSF. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand within the local housing market. The absence of fluctuation, marked by a 0% difference from the baseline price, suggests a balanced equilibrium where supply meets demand effectively, thereby maintaining property values in this sought-after residential area.

Analysis of recent transactions reveals that this valuation is corroborated by data from 8 recent HDB resale transactions in the vicinity, providing a robust basis for price comparison. The medium confidence level in this model emphasizes the inherent volatility in the HDB market, influenced by various factors such as economic conditions, buyer sentiment, and the overall desirability of the Clementi district. As the remaining lease of 50 years is a critical consideration for potential buyers, the property’s valuation reflects not just the physical space but also the leasehold dynamics that govern long-term investment prospects in Singapore's ever-evolving real estate landscape.