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

The valuation of the 3-room HDB unit in Clementi, with a remaining lease of 53 years, stands at an estimated value of $403,781, translating to $457 per square foot. This assessment reflects a market price that indicates a 0% difference from the baseline, suggesting that the property is currently positioned at an equilibrium point within the local market dynamics. The stability in pricing can be attributed to the area's robust demand and the limited supply of HDB units, particularly in well-connected and mature estates like Clementi.

Our analysis is supported by data from 8 recent HDB resale transactions in the vicinity, which contribute to a medium level of model confidence. The consistent pricing observed in these transactions underscores the resilience of the HDB market in this locale, despite broader economic fluctuations. The remaining lease of 53 years is a crucial factor for potential buyers, as it provides a balance between affordability and long-term value retention. With Clementi's strategic location and comprehensive amenities, this property remains an attractive option for both investors and first-time homebuyers.