4 Room (4NG) HDB for Sale in 509 West Coast Drive

The valuation of the HDB 4-room property in Clementi, with a remaining lease of 50 years, stands at an estimated value of $306,598, translating to a price per square foot (PSF) of $343. This valuation positions the property significantly above the market baseline, reflecting a notable 65.7% differential. Such a substantial premium suggests heightened demand for HDB units in this area, which may be driven by the proximity to essential amenities and robust infrastructure.

However, the model confidence for this valuation is assessed as low, indicating potential volatility in the market dynamics. The estimate is derived from three recent HDB resale transactions in the vicinity, suggesting that while there is a strong interest in the Clementi locale, the limited sample size could lead to fluctuations in pricing trends. As the remaining lease is a crucial factor in HDB valuations, prospective buyers must weigh the implications of a 50-year lease against the backdrop of market conditions, which are currently tilting towards a seller's advantage.