Common Room (HDB) for Rent in 420 Clementi Avenue 1

The valuation of the HDB 2-room unit in Clementi, with a remaining lease of 86 years, stands at an estimated value of $136,005, translating to a price per square foot (PSF) of $907. This valuation indicates a market equilibrium, as it reflects a 0% difference from the established baseline, suggesting that the unit is competitively priced in the current market landscape. The model confidence is categorized as medium, which indicates a reasonable level of certainty based on the analysis of recent market transactions.

Our assessment is grounded in the analysis of nine recent HDB resale transactions within the proximity, showcasing the prevailing trends and consumer sentiment in the Clementi area. The stability of the price points, coupled with the substantial remaining lease of 86 years, positions this property favorably in terms of long-term investment potential. Buyers are increasingly drawn to HDBs that offer longevity in lease tenure, as this directly correlates with perceived value and marketability. As such, this property not only represents a viable option for immediate occupancy but also serves as a strategic asset for future appreciation in a well-established neighborhood.