3-Room HDB for Room Rent: 440A Clementi Avenue 3

The valuation of the HDB 3-room unit in Clementi, with a remaining lease of 90 years, stands at an estimated value of $240,503, corresponding to a price per square foot (PSF) of $1,203. This figure reflects a market signal indicating a 0% difference from the baseline, suggesting stability in the pricing within this segment of the HDB market. The consistency in pricing points to a competitive yet balanced demand for HDB properties in this desirable district, known for its proximity to educational institutions and transport links.

Despite the favorable lease length, the model confidence for this valuation is categorized as low, primarily due to the limited data set derived from only two recent resale transactions in the vicinity. This scarcity of comparable sales can introduce a degree of uncertainty in the pricing model, emphasizing the need for potential buyers and investors to exercise caution. As market dynamics evolve, it will be essential to monitor how external factors such as economic shifts and policy changes may influence the HDB market, particularly in areas like Clementi that demonstrate strong community appeal and infrastructure development.