4 Room (4A) HDB for Rent in 423 Clementi Avenue 1

The valuation of the HDB 4 Room property located in Clementi, with a remaining lease of 84 years, stands at an estimated value of $1,017,430, translating to a price per square foot (PSF) of $955. This valuation reflects a market price that is closely aligned with the baseline, indicating a 0% difference. Such stability in pricing suggests a balanced demand-supply equation in the local market, where recent transactions have not swayed significantly from established pricing norms.

However, it is important to note that the model confidence surrounding this valuation is categorized as low, primarily due to the limited data set, which is based on only two recent HDB resale transactions in the vicinity. This lack of robust data could introduce variability in the pricing model, thereby necessitating a cautious approach for potential buyers and investors. The remaining lease of 84 years is also a critical factor, as properties with longer leases typically attract a wider pool of buyers, thus influencing market dynamics. As such, stakeholders should remain vigilant to shifts in buyer sentiment and broader market conditions, which could impact future valuations.