Common Room (HDB) for Rent in 318 Clementi Avenue 4

The valuation of the HDB 2-room unit located in the highly sought-after region of Clementi, with a remaining lease of 52 years, stands at an estimated value of $79,241, translating to approximately $660 PSF. This valuation is particularly noteworthy as it reflects a market price that shows a 0% difference from the baseline, indicating a stable price point amidst the dynamic landscape of Singapore's real estate market. The property’s positioning within a well-established neighborhood further enhances its appeal, attracting potential buyers who value both accessibility and community amenities.

Analysis based on 9 recent HDB resale transactions in the vicinity underscores the resilience of the Clementi market, despite the ongoing fluctuations in overall property values. The model confidence is assessed as medium, suggesting that while the data is robust, external factors such as economic conditions and government policies could influence future valuations. As the remaining lease period of 52 years is a critical variable in the valuation of HDB properties, it is essential for prospective buyers and investors to consider both the longevity of the lease and the area's growth potential when making informed decisions. This is particularly relevant in a market where lease decay can significantly impact property desirability and investment returns.