Master Room (HDB) for Rent in 371 Clementi Avenue 4

The valuation of the 2-room HDB unit in Clementi, with a remaining lease of 53 years, stands at an estimated value of $93,915, translating to a price per square foot (PSF) of $626. This valuation reflects the current market dynamics, where the estimated value aligns precisely with the baseline market price, indicating a 0% difference. Such a stable positioning within the market suggests a strong equilibrium in demand and supply for similar properties in the vicinity.

Analyzing the 11 recent HDB resale transactions within this locality reveals a medium confidence in the valuation model, which is informed by various factors including leasehold duration, property condition, and proximity to amenities. The remaining lease of 53 years is a critical element, as it influences buyer sentiment and marketability. In an environment where lease decay can impact value, properties with longer remaining leases tend to command a premium. Therefore, this valuation underscores a cautious optimism in the Clementi area, reinforcing its desirability as a residential choice amidst evolving market conditions.