Premium HDB for Sale in 445A Clementi Avenue 3

The current valuation of the HDB 5 Room unit in Clementi, with a remaining lease of 93 years, stands at an estimated value of $1,608,198, equating to $1,323 PSF. This valuation reflects a nuanced understanding of the local property dynamics, particularly within the context of recent market trends. With an observed market price that shows a 1.8% deviation from the baseline, it suggests a stable yet slightly upward trajectory in property demand within the Clementi precinct. This area's appeal is underscored by its connectivity and amenities, which continue to attract buyers seeking both investment opportunities and long-term residence.

The model confidence associated with this valuation is categorized as medium, based on a comprehensive analysis of 11 recent HDB resale transactions in the vicinity. This sample provides a reliable basis for comparison, indicating that the current valuation aligns with prevailing market sentiments. The relatively consistent performance of HDB properties in this region highlights the resilience of the Singapore housing market, particularly for units with substantial remaining leases. As the market evolves, potential buyers and investors should remain cognizant of the factors influencing lease longevity and pricing dynamics, ensuring informed decision-making in their real estate endeavors.