Common Room (HDB) for Rent in 339 Clementi Avenue 5

The valuation of the HDB 2-room unit in Clementi, with a remaining lease of 51 years, stands at an estimated value of $72,119, translating to a price per square foot (PSF) of $601. This valuation reflects a stable market signal, indicating a 0% difference from the baseline price. Such stability suggests a balanced market environment, where demand and supply are currently aligned, preventing either significant appreciation or depreciation of property values in this segment.

Furthermore, the model confidence for this valuation is rated as medium, underscoring the importance of considering both quantitative and qualitative factors in the assessment process. This valuation is supported by an analysis of 12 recent HDB resale transactions in the vicinity, which provides a reasonable sample size to gauge market trends and neighborhood dynamics. As the remaining lease period of 51 years positions this property within an acceptable range for potential buyers, it is crucial to monitor how lease length impacts buyer sentiment and market activity moving forward.