3 Room (3I) HDB for Rent in 440A Clementi Avenue 3

The valuation of the HDB 3-room unit located in Clementi reflects an estimated market value of $893,470, translating to a price per square foot of $1,203. With a remaining lease of 90 years, this property stands out in a market characterized by its scarcity of long-lease HDB options. The valuation indicates a market signal of 0% difference from the baseline, suggesting that the property is priced at equilibrium in relation to recent sales trends in the area.

However, it is essential to note that the model confidence associated with this valuation is categorized as low. This is primarily attributed to the limited data set, with only two recent HDB resale transactions available for analysis in the vicinity. As such, while the property’s valuation aligns closely with the current market dynamics, potential investors and stakeholders should consider the variability inherent in this low-confidence assessment. The stability of Clementi as a desirable residential locale, combined with the long remaining lease, may serve to enhance the property’s appeal in the eyes of prospective buyers.