Common Room (HDB) for Rent in 420 Clementi Avenue 1

The valuation of the HDB 2 Room unit in Clementi, with a remaining lease of 86 years, stands at an estimated value of $116,236, equating to a price per square foot (PSF) of $901. This assessment reflects a market condition where the property price is aligned with the baseline, indicating a stable demand in the area. The absence of any significant price deviation suggests that the unit is competitively priced within a balanced market framework, attracting potential buyers and investors alike.

Supported by data from nine recent HDB resale transactions in the vicinity, this valuation is further validated by the prevailing market dynamics that characterize the Clementi region. The medium confidence level in this valuation underscores the variability inherent in real estate markets, particularly considering the long remaining lease, which is a critical factor for many buyers. An 86-year lease provides a substantial time horizon for investment, making this property appealing for both owner-occupiers and investors seeking stable returns in a well-established neighborhood.