3 Room (3NG) HDB for Sale in 702 West Coast Road

The valuation of the HDB 3-room unit in Clementi, with a remaining lease of 75 years, stands at an estimated value of $393,207, translating to a price per square foot (PSF) of $545. This valuation reflects a nuanced understanding of the local property market dynamics, particularly within a district that is characterized by its accessibility, amenities, and strong community presence. The 1.7% deviation from the baseline market price signals a stable yet competitive market for HDB properties in this area, underscoring both demand resilience and a moderated supply response.

With the model confidence assessed at medium, the valuation is supported by an analysis of eight recent HDB resale transactions in the vicinity, indicating a consistent trend in buyer behavior and pricing strategies. The remaining lease of 75 years is a critical factor, as it provides potential buyers with a substantial period for property appreciation while remaining cognizant of the eventual lease decay. In an evolving market, such metrics are essential for discerning long-term investment viability and should be weighed alongside local demographic shifts and infrastructural developments that could further influence property values in Clementi.