Common Room (HDB) for Rent in 341 Clementi Avenue 5

The valuation of the HDB 2-room unit located in Clementi, with a remaining lease of 51 years, has been estimated at $90,149, translating to a price per square foot of $601. This valuation aligns with the current market price, indicating a 0% difference from the baseline. The stability in pricing suggests a balanced market dynamic, where supply and demand are relatively in equilibrium, reflecting the strong desirability of the Clementi area among prospective buyers.

Our analysis is supported by data from 12 recent HDB resale transactions within the vicinity, providing a reliable foundation for the estimated value. The medium confidence level of the valuation highlights the inherent variability typical in HDB markets, particularly with properties that possess a mid-range remaining lease. Potential buyers should consider the long-term implications of the remaining lease period, as properties with shorter leases may see varying trends in appreciation and demand over time. As such, this valuation serves as a critical benchmark in understanding the current market landscape in Clementi, one of Singapore's most sought-after residential neighborhoods.