5 Room (5I) HDB for Sale in 414 Commonwealth Avenue West

The valuation of the HDB 5 room unit in Clementi, with a remaining lease of 50 years, stands at an estimated value of $784,787, translating to a price per square foot (PSF) of $583. This valuation positions the property as above the current market baseline by approximately 6.8%, indicating a robust demand within this vibrant residential enclave. The high confidence level of the model, derived from a comprehensive analysis of 156 recent HDB resale transactions in the vicinity, underscores the reliability of this valuation and the potential for capital appreciation in the near term.

Clementi's strategic location, coupled with its well-developed infrastructure and amenities, continues to attract discerning buyers, particularly those seeking family-oriented living spaces. The remaining lease of 50 years, while notable, is adequately compensated by the area's desirability and the anticipated growth trajectory of the HDB market. As demand for housing in mature estates remains strong, this property not only represents a sound investment but also reflects the dynamic shifts in the Singapore real estate landscape, where well-placed HDB units command premium valuations.