Common Room (HDB) for Rent in 338 Clementi Avenue 2

In the current landscape of Singapore's HDB market, the valuation of a 2-room unit in Clementi, with a remaining lease of 53 years, stands at an estimated value of $100,956, translating to $673 per square foot (PSF). This valuation reflects a strategic equilibrium, as it aligns with the market price, indicating a 0% difference from the baseline. Such stability in pricing suggests a balanced demand and supply scenario in the Clementi area, which is known for its accessibility and community amenities.

Considering the medium confidence level associated with this valuation, it is noteworthy that the estimation is derived from a robust analysis of nine recent HDB resale transactions in proximity to the subject property. This localized data underscores the importance of regional dynamics in property valuation, particularly in a mature estate like Clementi, where demand often remains resilient due to its strategic location and established infrastructure. The remaining lease of 53 years also plays a crucial role, as it positions the property within a segment that continues to attract first-time buyers and investors seeking long-term stability.