Common Room (HDB) for Rent in 365 Clementi Avenue 2

The valuation of the HDB 2 Room unit located in the highly sought-after Clementi area, with a remaining lease of 50 years, stands at an estimated value of $164,979, translating to $589 PSF. This valuation reflects a stable market condition, as evidenced by the market price showing a 0% difference from the baseline. The analysis is underpinned by data from 12 recent HDB resale transactions within the vicinity, contributing to a medium confidence level in the model's accuracy.

In examining the dynamics of the HDB market in Clementi, it is essential to note the implications of the remaining lease. A 50-year lease suggests a moderate level of depreciation in value over time, which is a critical factor for potential buyers and investors to consider. However, Clementi's strategic location and robust community amenities continue to attract demand, mitigating some risks associated with lease length. The consistent pricing observed reinforces the area's resilience amidst fluctuating market trends, making this property a noteworthy consideration for those looking to invest in Singapore's evolving real estate landscape.