3-Room HDB for Room Rent: 362 Clementi Avenue 2

The valuation of the HDB 3-room unit in Clementi reflects a nuanced understanding of the current market landscape, particularly given its remaining lease of 50 years. With an estimated value of $85,399, equating to $427 PSF, this property sits at a critical juncture in the resale market, demonstrating a market price that is consistent with baseline assessments—yielding a 0% difference. This stability suggests a balanced demand and supply scenario, yet hints at an underlying caution among potential buyers, likely influenced by the diminishing lease term.

Furthermore, the model confidence is assessed as low, indicating that the valuation may be subject to fluctuations driven by broader economic conditions and local market dynamics. The analysis is bolstered by recent transactions in the vicinity, with only three comparable HDB sales informing this valuation. The proximity to established amenities and transport links in Clementi, combined with the diminishing lease, creates a complex interplay where buyers may weigh the long-term viability of such investments against the short-term appeal of affordable entry prices. Thus, while the current valuation remains static, it embodies the intricate challenges faced in the HDB resale market, particularly for properties with shorter remaining leases.