3-Room HDB for Room Rent: 335 Clementi Avenue 2

The valuation of the HDB 3-room unit in Clementi, with a remaining lease of 50 years, is estimated at $53,443, translating to a price per square foot (PSF) of $445. This valuation reflects a market price that is aligned with baseline expectations, indicating a stable demand within the segment. Given the proximity of this property to various amenities and transport links, it remains an attractive option for both first-time buyers and investors seeking long-term rental yields.

However, it is essential to note that the model confidence for this valuation is categorized as low. This is primarily attributed to the limited dataset, based on only four recent HDB resale transactions in the vicinity, which may not fully capture the nuances of market fluctuations. Furthermore, the remaining lease term of 50 years may also influence buyer sentiment, as properties with shorter leases tend to experience a decrease in value over time due to increasing uncertainty regarding future resale potential. As such, stakeholders should approach this valuation with a nuanced understanding of the broader market dynamics and lease implications.