Common Room (HDB) for Rent in 462 Clementi Avenue 3

The valuation of the HDB 2-room unit in Clementi, with a remaining lease of 75 years, stands at an estimated value of $134,072, equating to a price per square foot of $894. This valuation indicates a stable market position, as evidenced by a market price that represents a 0% difference from the baseline. Such stability suggests that the property is appropriately priced relative to current market conditions and reflects the neighborhood's demand dynamics.

Recent analysis based on 11 HDB resale transactions in the vicinity has contributed to a medium level of confidence in this valuation. The robust transaction history indicates a consistent interest in the Clementi area, known for its strategic location and comprehensive amenities. As the remaining lease extends to 75 years, this property appeals to a diverse demographic, including first-time buyers and investors seeking long-term value retention. The combination of these factors enhances the unit's attractiveness in a competitive market, reaffirming its valuation amidst ongoing shifts in Singapore's real estate landscape.