3 Room (3STD) HDB for Sale in 334 Clementi Avenue 2

The valuation of the HDB 3 Room unit located in Clementi, with a remaining lease of 51 years, reflects a significant market signal characterized by its estimated value of $313,098, translating to $447 per square foot. This valuation positions the property above the current market baseline by a notable 21.4%, suggesting a premium placed on this unit compared to recent transactions within the vicinity.

However, the model confidence associated with this valuation is categorized as low, indicating potential volatility and uncertainty in the market dynamics. The analysis is further substantiated by a review of three recent HDB resale transactions in the area, which underscores the competitive landscape. As the remaining lease diminishes, prospective buyers may exhibit caution due to the implications of leasehold properties in Singapore, particularly in relation to financing and future resale value. The premium valuation may reflect specific local demand factors or unique property attributes that have not been fully captured in the recent transaction data.