Common Room (HDB) for Rent in 441A Clementi Avenue 3

The valuation of the HDB 2 Room unit in Clementi, with a remaining lease of 83 years, stands at an estimated value of $111,307, translating to a price per square foot of $928. This valuation reflects a market price that is in equilibrium, demonstrating a 0% difference from the baseline. Such stability is indicative of a mature and balanced real estate market, particularly in a sought-after district like Clementi, where demand remains resilient amidst fluctuating economic conditions.

The model confidence for this valuation is categorized as medium, based on an analysis of 9 recent HDB resale transactions in the vicinity. This medium confidence level suggests that while the data is reliable, external market dynamics may influence future valuations. Investors and homeowners should note that the remaining lease of 83 years provides a substantial buffer against depreciation, particularly as the property approaches the 60-year mark, which is a critical threshold for HDB properties. The current market signals indicate a level of stability, yet potential buyers should remain vigilant to broader economic trends that could impact the long-term appreciation of properties in this locale.