5-Room HDB for Room Rent: 211A Clementi Avenue 6

The valuation of the HDB 5-room unit in Clementi, with a remaining lease of 96 years, stands at an estimated value of $121,131, translating to a price per square foot (PSF) of $1,211. This valuation is indicative of a stable market condition, as the assessed price reflects a 0% difference from the baseline market price, suggesting that the property is currently valued at par with prevailing market trends. The model's medium confidence level indicates a moderate degree of reliability in this valuation, supported by a robust dataset comprising 19 recent HDB resale transactions within the vicinity.

Clementi has long been regarded as a sought-after residential area, characterized by its strategic location and accessibility to amenities. The remaining lease of 96 years significantly enhances the attractiveness of this property, aligning with the preferences of prospective buyers who are increasingly discerning about leasehold durations. As demand for HDBs in this region remains stable, this valuation may serve as a pivotal reference point for potential investors and homeowners looking to capitalize on the enduring appeal of HDB living in Singapore.