3 Room (3NG) HDB for Sale in 311B Clementi Avenue 4

The valuation of the HDB 3-room unit in Clementi, with a remaining lease of 88 years, stands at an estimated value of $749,245, translating to a price per square foot (PSF) of $1,162. This valuation reflects a market price that is only 1.5% higher than the baseline, indicating a relatively stable and competitive market environment in this sought-after district. The proximity to essential amenities and well-established educational institutions further enhances the appeal of this property, making it a prime candidate for both owner-occupiers and investors alike.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset of only four recent HDB resale transactions in the vicinity. This scarcity of comparable data points can lead to volatility in pricing and may not fully capture the nuanced dynamics of the local market. As such, potential buyers and stakeholders are encouraged to consider broader market trends and demographic shifts in Clementi when evaluating this property. The remaining lease duration of 88 years also plays a crucial role in the long-term appreciation potential of the asset, warranting careful consideration in the context of Singapore's evolving real estate landscape.