3 Room (3A) HDB for Rent in 364 Clementi Avenue 2

The valuation of the HDB 3 Room unit in Clementi, with a remaining lease of 53 years, stands at an estimated value of $403,781, translating to approximately $457 PSF. This figure reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently priced in alignment with prevailing market conditions. The model confidence is categorized as medium, based on an analysis of eight recent HDB resale transactions within the vicinity, which provides a robust yet cautious indicator of market trends.

In the context of Singapore’s dynamic real estate landscape, this valuation underscores several critical factors influencing the HDB market. The remaining lease length of 53 years is a significant consideration, as it impacts both buyer sentiment and financing options. Properties with shorter leases often experience pressure on resale values, particularly as they approach the tail end of their lease terms. However, the consistent pricing observed in this case suggests a stable demand for HDB units in Clementi, likely buoyed by the area's strategic location and amenities. As the market continues to evolve, potential buyers and investors should remain vigilant of leasehold dynamics and surrounding transactional trends that may influence future valuations.