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

The valuation of the HDB 3 Room unit in Clementi, with a remaining lease of 50 years, stands at an estimated value of $61,285, translating to a price per square foot (PSF) of $409. This valuation reflects a market price that is aligned with the baseline, indicating a stable demand environment for HDB properties in this locality. The absence of price deviation suggests resilience in the market, as buyers are currently willing to pay a price consistent with recent transactions in the area.

Analysis of recent market activity reveals that the valuation is based on data from eight comparable HDB resale transactions nearby. This local market intelligence reinforces the credibility of the estimated value, despite the model confidence being rated as medium. Factors influencing the valuation include the remaining lease duration, which, while substantial, may affect buyer sentiment and future resale potential. Overall, the dynamics surrounding this HDB unit exemplify a balance between accessibility and market stability, making it a noteworthy consideration for potential investors and homeowners alike.