3 Room (3NG) HDB for Sale in 510 West Coast Drive

This analytical summary evaluates the valuation of a 3-room HDB property located in the coveted Clementi district, which boasts a remaining lease of 51 years. The estimated value of this unit is pegged at $282,836, translating to a competitive $392 PSF. Notably, this valuation reflects a substantial premium in the current market, with an impressive 46.7% deviation from the baseline. Such a significant markup indicates robust demand and potential appreciation in this vibrant neighborhood, which is characterized by its strategic location and excellent connectivity.

The model confidence for this valuation is classified as medium, underpinned by analysis of 11 recent HDB resale transactions in the vicinity. This data offers a contextual backdrop for the valuation, suggesting that while the property is priced above the prevailing market trends, it is likely supported by local demand factors such as proximity to amenities, educational institutions, and transport links. As the market continues to evolve, properties like this 3-room HDB in Clementi may present compelling investment opportunities, particularly for buyers looking to capitalize on the potential for long-term value appreciation in the area.