3 Room (3NG) HDB for Sale in 602 Clementi West Street 1

The valuation of the HDB 3 Room property located in Clementi, with a remaining lease of 75 years, stands at an estimated value of $409,854, equating to $569 per square foot (PSF). This valuation reflects a market signal indicating a 2.4% difference from the baseline price, suggesting a competitive yet stable pricing environment within this established residential district. Clementi is known for its strategic location and accessibility, contributing to the resilience of HDB property values in the area. The current valuation aligns closely with recent market trends, indicating sustained interest from buyers despite broader economic conditions.

Our analysis draws from a robust dataset of 12 recent HDB resale transactions within the vicinity, which supports a medium level of confidence in this model. The relatively short distance between the estimated valuation and the market signal underscores a balanced market dynamic, where supply and demand are in equilibrium. With the remaining lease of 75 years, potential buyers are presented with a unique opportunity to invest in a property that not only offers immediate value but also potential appreciation over time, given the enduring appeal of the Clementi locale.