3-Room HDB for Room Rent: 379 Clementi Avenue 5

The HDB 3 Room unit located in Clementi, with a remaining lease of 53 years, has been appraised at an estimated value of $110,505, translating to a price per square foot (PSF) of $442. This valuation reflects a market equilibrium, with a 0% difference from the baseline, indicating that the property is positioned accurately within the current market landscape. Such stability in valuation suggests a balanced demand and supply scenario in the Clementi region, which is renowned for its accessibility and community amenities.

With a model confidence rating of 'High,' this assessment is supported by a robust dataset comprising 451 recent HDB resale transactions in the vicinity. The data reflects a consistent trend in buyer interest and market performance for HDB properties, particularly in well-established neighborhoods like Clementi. The remaining lease of 53 years is a critical factor in this valuation, as the longevity of the lease generally contributes positively to buyer sentiment and perceived value. As the market continues to evolve, this property remains an attractive option for potential homeowners and investors seeking stability and potential appreciation in a highly sought-after location.