365 Clementi Avenue 2

The valuation of the HDB 2-room unit in Clementi, with a remaining lease of 53 years, stands at an estimated value of $91,936, translating to a price per square foot of $613. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently aligned with the prevailing market trends in the area. Such stability in pricing is indicative of sustained demand for HDB units in Clementi, a well-regarded residential hub known for its accessibility and community amenities.

Our analysis is grounded on a comprehensive review of 11 recent HDB resale transactions within the vicinity, which bolsters the model confidence at a medium level. The current lease duration is a crucial factor, as properties with longer remaining leases often attract greater interest from buyers, particularly first-time homeowners and investors looking for long-term stability. Given the enduring appeal of the Clementi region, characterized by its strategic location and robust infrastructure, this HDB unit presents a compelling opportunity for potential buyers, despite the inherent risks associated with a lease nearing the halfway mark.