3 Room (3A) HDB for Sale in 713 Clementi West Street 2

The valuation of the HDB 3-room unit in Clementi, with a remaining lease of 75 years, is estimated at $395,401, translating to a price per square foot (PSF) of $548. This assessment reflects a modest market signal, indicating a 4.1% difference from the established baseline price. This slight deviation suggests a stable demand in the Clementi area, yet the low model confidence underscores potential fluctuations in market conditions that could affect future valuations.

Recent resale transactions in the vicinity, totaling four in number, provide a foundation for this estimation, yet their limited sample size contributes to the low confidence level in this model. The remaining lease of 75 years on the property is a critical factor in its valuation, as properties with longer leases generally command higher prices. As the market continues to evolve, potential buyers and investors should remain vigilant regarding shifts in the local real estate dynamics, particularly in a region like Clementi, which is characterized by robust community amenities and accessibility.