4-Room HDB for Room Rent: 306 Clementi Avenue 4

The valuation of the HDB 4-room unit in Clementi, with a remaining lease of 52 years, stands at an estimated value of $59,433, equivalent to $457 per square foot. This valuation reflects a market signal indicating no deviation from the baseline price, suggesting a stable market environment within the vicinity. The assessment is based on two recent HDB resale transactions in the area, providing a limited yet relevant data set for comparison.

Given the low model confidence in this valuation, it is imperative to consider the implications of the remaining lease on the property’s future appreciation potential. Properties with shorter leases often face greater scrutiny from prospective buyers, particularly in a competitive market where lease duration can significantly influence buyer sentiment and purchasing decisions. In a neighbourhood like Clementi, which is characterized by its accessibility and amenities, the property may still appeal to certain demographics, particularly those seeking affordability in a well-established district. However, potential buyers should remain cognizant of the evolving market dynamics that could impact the property's value as the lease continues to shorten.