3 Room (3NG) HDB for Sale in 602 Clementi West Street 1

The valuation of the HDB 3 Room unit in Clementi, with a remaining lease of 75 years, is estimated at $410,423, translating to a price per square foot of $569. This valuation reflects a nuanced understanding of the local property market dynamics, particularly in a highly sought-after district like Clementi. The 2.5% difference from the baseline indicates a moderate uptick in market sentiment, suggesting a stable yet competitive environment for HDB resale transactions in the area.

Our analysis is based on 12 recent HDB resale transactions within the vicinity, lending credibility to the estimated value. The medium confidence level associated with this valuation highlights a balanced perspective, considering both the current market conditions and the intrinsic value of the property. The remaining lease of 75 years is a critical factor, as it provides potential buyers with a substantial time frame for ownership while also influencing future resale opportunities. As demand for HDB units remains robust in mature estates like Clementi, this valuation reflects both the enduring appeal of the area and the potential for appreciation in the coming years.