Common Room (HDB) for Rent in 317 Clementi Avenue 4

The valuation of the 4-room HDB property in Clementi, with a remaining lease of 52 years, stands at an estimated value of $74,276, equating to a price per square foot (PSF) of $619. This valuation reflects a stable market signal, showcasing a 0% difference from the baseline, indicating that the property is priced accurately according to current market conditions. Such stability can be attributed to the robust demand for HDB properties in the Clementi area, which is characterized by its strategic location and proximity to essential amenities.

The model confidence for this valuation is deemed high, supported by an extensive analysis of 421 recent HDB resale transactions within the vicinity. This comprehensive dataset underscores the resilience of the local property market, which is navigating through various economic factors while maintaining consistent pricing trends. With the remaining lease of 52 years, prospective buyers can expect a sustainable investment, especially in a matured estate like Clementi, where the demand for HDB flats continues to be buoyed by strong community ties and infrastructural developments.