3 Room (3I) HDB for Rent in 341 Clementi Avenue 5

This valuation report provides a comprehensive analysis of a 3-room HDB property located in the sought-after Clementi area, characterized by a remaining lease of 51 years. The estimated value of the property stands at $294,534, translating to $409 per square foot (PSF). A noteworthy observation is that the market price reflects a 0% difference from the baseline, suggesting that the current pricing is aligned with recent market trends, indicating stability in this segment of the HDB market.

However, it is essential to consider the model confidence level, which is categorized as low. This indicates potential volatility in the valuation due to fluctuations in market sentiment or demand. The valuation is grounded on five recent HDB resale transactions in the vicinity, which provide a crucial benchmark. Given the remaining lease period, prospective buyers should weigh the implications of long-term occupancy against market dynamics, particularly in a region like Clementi, where demand can be influenced by proximity to educational institutions, amenities, and transport links.