3-Room HDB for Room Rent: 365 Clementi Avenue 2

The valuation of the 3-room HDB unit located in the sought-after Clementi area, with a remaining lease of 50 years, stands at an estimated value of $61,285, translating to a price per square foot of $409. This valuation reflects a balanced market position, with a market price showing no deviation from the established baseline, indicating stability in this segment of the HDB market. The assessment is underpinned by an analysis of eight recent resale transactions in the vicinity, which helps to solidify the credibility of this valuation.

Given the remaining lease of 50 years, this property presents a unique opportunity for potential buyers, as it balances longevity with affordability in a well-established neighborhood. The medium confidence level in this model suggests that while the data points are solid, external market factors could influence future valuations. Investors and homeowners should remain cognizant of the broader economic climate and demographic trends affecting the HDB market, particularly in suburban areas like Clementi, which continue to attract families and young professionals alike.