Common Room (HDB) for Rent in 449 Clementi Avenue 3

The valuation of the 2-room HDB unit in Clementi, with a remaining lease of 52 years, stands at an estimated value of $94,620, translating to a price per square foot (PSF) of $631. This valuation reflects the current market dynamics in the area, underscoring a stable market price that is aligned with the baseline, indicating a 0% difference. Such stability often suggests a balanced demand and supply scenario, where prospective buyers and sellers are in agreement on the property's worth.

Analysis based on 12 recent HDB resale transactions in the vicinity reinforces this valuation, providing a credible foundation for the estimated price. The medium confidence level attributed to this valuation indicates a reasonable degree of certainty, albeit with some variability in market conditions. As the remaining lease term is a crucial factor influencing HDB pricing, the 52-year lease remaining on this property positions it favorably within the current market context, appealing to both investors and homeowners seeking affordability in a desirable location.