4 Room (4NG) HDB for Sale in 420 Clementi Avenue 1

The valuation of the HDB 4 Room unit in Clementi, with a remaining lease of 85 years, stands at an estimated value of $974,638, translating to a price per square foot (PSF) of $995. This valuation reflects a modest market price variation of just 2.6% from the baseline, indicating a stable demand within this sought-after locality. The confidence level in this model is categorized as medium, derived from an analysis of 12 recent HDB resale transactions in the vicinity, which provides a solid basis for understanding current market dynamics.

Clementi is renowned for its strategic location and accessibility, making it a prime area for HDB dwellings. The remaining lease of 85 years plays a critical role in maintaining the property's value, as it reassures prospective buyers of long-term tenure, which is increasingly important in Singapore's real estate landscape. The slight premium over the baseline price suggests a competitive market, where buyers are willing to invest for the assurance of a desirable living environment and robust community infrastructure. As such, this valuation not only underscores the intrinsic value of the property but also highlights the broader market trends that continue to influence HDB pricing in Singapore.