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

The valuation of the HDB 2-room unit in Clementi, with a remaining lease of 51 years, stands at an estimated value of $90,149, translating to a price per square foot (PSF) of $601. This valuation reflects a stable market signal, with a 0% difference from the baseline, indicating that the property is currently aligned with prevailing market conditions. Such equilibrium suggests that the unit is well-positioned within the local HDB market, as evidenced by recent resale transactions in the vicinity.

Analysis of 12 comparable HDB resale transactions indicates a medium level of model confidence, suggesting that while the valuation is sound, external market fluctuations or shifts in buyer sentiment could influence future pricing. The remaining lease of 51 years is a critical factor in this assessment, as it impacts both the property's appeal and its long-term investment potential. In the current market, buyers are increasingly discerning about lease lengths, making properties with a longer remaining lease more desirable. Thus, this HDB unit, while competitively priced, may face challenges in attracting buyers considering the lease's diminishing timeline.