Common Room (HDB) for Rent in 320 Clementi Avenue 4

The valuation of the HDB 2 Room unit in Clementi, with a remaining lease of 52 years, stands at an estimated value of $79,241, translating to a price per square foot (PSF) of $660. This valuation reflects a market price that is aligned with the baseline, indicating a stable demand in the area. The 0% difference from the baseline suggests that the property is currently priced at an equilibrium point, where supply and demand are relatively balanced.

Analyzing the broader market dynamics, the model confidence in this valuation is categorized as medium, based on insights gathered from nine recent resale transactions in the vicinity. This sample size provides a reasonable foundation for understanding current market sentiment and price trends. The remaining lease of 52 years is a critical factor influencing the valuation, as properties with shorter leases may experience a depreciation in value over time. However, Clementi remains a sought-after location, known for its accessibility and amenities, which may bolster demand even for units with a reduced lease tenure.