4 Room (4NG) HDB for Sale in 601 Clementi West Street 1

The valuation of the HDB 4-room unit in Clementi, with a remaining lease of 51 years, stands at an estimated value of $407,106, translating to a rate of $412 per square foot. This valuation is notably positioned above the market average, reflecting a significant 47.4% difference from the baseline assessment, indicating a potential premium that buyers are willing to pay for properties in this sought-after location.

However, it is essential to note that the model confidence for this valuation is categorized as low, which suggests that the current market dynamics may be influenced by various external factors, including economic conditions and recent transaction trends. The analysis is based on four recent HDB resale transactions in the vicinity, which provides a limited dataset for establishing a robust valuation. As the remaining lease diminishes over time, prospective buyers should weigh the implications of the property’s lease tenure alongside market trends, as these factors will inevitably impact long-term investment potential.