Master Room (HDB) for Rent in 354 Clementi Avenue 2

In the bustling district of Clementi, the valuation of a 2-room HDB unit reflects a nuanced understanding of the local real estate dynamics, particularly with a remaining lease of 51 years. The estimated value of this property stands at $90,149, translating to a price per square foot (PSF) of $601. This valuation is indicative of a broader market equilibrium, as it showcases a market price with a 0% difference from the baseline, suggesting a stable demand and supply scenario within the HDB market.

The model confidence for this valuation is categorized as medium, which implies that while the data is reliable, external factors such as market sentiment and future leasehold considerations may influence the actual transaction outcomes. This analysis is grounded in the review of 12 recent HDB resale transactions in the vicinity, providing a relevant comparative framework. Investors and homeowners alike should note the implications of the remaining lease on property appreciation potential, as the diminishing lease term can impact buyer interest and overall marketability in the long run.