3 Room (3A) HDB for Rent in 311B Clementi Avenue 4

The HDB 3-room property located in the highly sought-after Clementi area, with a remaining lease of 88 years, has been appraised at an estimated value of $749,245, translating to a premium of $1,162 per square foot (PSF). This valuation reflects the property's positioning within a vibrant and mature estate that continues to attract both homebuyers and investors alike. The analysis is grounded in the observation of 8 recent resale transactions in the vicinity, indicating a stable market environment with no deviation from the baseline price, thus suggesting a well-balanced demand and supply dynamic.

With a model confidence level categorized as medium, the valuation is supported by the current market signals which indicate a steady interest in HDB properties within the Clementi region. The remaining lease of 88 years is particularly advantageous, as it aligns with the preferences of potential buyers who are often inclined towards properties with longer lease tenures. Furthermore, the zero percent difference from the baseline price reinforces the notion that this HDB unit is aptly priced within the market context, reflecting the overall resilience of the HDB market in Singapore amidst evolving economic conditions.