Master Room (HDB) for Rent in 379 Clementi Avenue 5

The recent valuation of a 2-room HDB unit in Clementi, with a remaining lease of 53 years, stands at an estimated value of $107,686, equating to an attractive $673 per square foot. This valuation reflects a market price that is perfectly aligned with the baseline, indicating a balanced market condition with no significant deviations. Such stability suggests that the property is well-positioned within the current market dynamics, particularly given the area's desirability and accessibility.

Analysing the broader market context, this valuation is supported by recent transactional data, with nine comparable HDB resale transactions in the vicinity providing a reliable benchmark for assessing property values. The model confidence level for this valuation is classified as medium, indicating a reasonable degree of certainty based on the available data. Nonetheless, potential buyers should remain cognizant of the implications of the remaining lease term, as it may influence future resale value and buyer interest. Overall, this property represents a compelling opportunity within the Clementi locale, reflecting both the stability and potential of the HDB market in Singapore.