5 Room (5I) HDB for Sale in 461 Clementi Avenue 3

The valuation of the HDB 5 Room property in Clementi, with a remaining lease of 75 years, stands at an estimated value of $981,291, translating to a price per square foot (PSF) of $861. This valuation reflects a market price that is only 1.9% above the baseline, indicating a stable demand within this sought-after residential enclave. The relatively minor variance suggests a balanced market, where buyers are willing to pay a premium for properties that offer both longevity in lease tenure and desirable location.

However, it is essential to note that the model confidence for this valuation is classified as low, primarily due to the limited data pool derived from just two recent HDB resale transactions in the vicinity. This scarcity of transactional data can lead to volatility in price assessments, as market sentiments may not be fully captured. The remaining lease duration of 75 years plays a crucial role in influencing buyer perceptions; properties with longer leases tend to attract more interest, particularly from families who prioritize stability and long-term investment. As such, potential investors and homeowners should consider the dynamics of the Clementi market carefully, weighing the current valuation against broader economic indicators and housing trends.