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

The valuation of the HDB 2-room unit in Clementi, with a remaining lease of 53 years, stands at an estimated value of $37,366, translating to a price per square foot of $623. This assessment reflects a market price that is in alignment with the baseline, indicating no significant deviation. The stability of the pricing suggests a balanced demand and supply scenario in the Clementi area, which is known for its accessibility and amenities. The medium model confidence level indicates a reasonable degree of assurance in the valuation based on current market dynamics.

The analysis is grounded in data from 11 recent HDB resale transactions in the vicinity, which provides a robust comparative framework for this valuation. The absence of price fluctuations signals a steady market environment, potentially driven by a consistent interest in properties within established neighborhoods like Clementi. With the remaining lease term of 53 years, buyers may find this property appealing for both residential use and as a long-term investment, particularly given the strategic location that complements the urban lifestyle of Singapore's residents.