4-Room HDB for Room Rent: 429 Clementi Avenue 3

The valuation of the HDB 4-room unit in Clementi, with a remaining lease of 53 years, stands at an estimated value of $94,691, translating to an impressive $631 per square foot (PSF). This valuation reflects a market price that is aligned with the baseline, indicating a stable and balanced market environment. The strong model confidence level is bolstered by an analysis of 425 recent HDB resale transactions in the vicinity, which provides a robust data set for comparison and analysis.

In the current market dynamics, the longevity of the remaining lease is a critical factor influencing buyer sentiment and property desirability. As potential homeowners increasingly prioritize long-term investment stability, properties with a substantial lease period such as this one remain attractive. The equilibrium in market pricing suggests that the Clementi area continues to hold its value, supported by ongoing demand and a consistent flow of resale activity. This positions the property as a premium opportunity in an evolving market landscape.