4 Room (4NG) HDB for Sale in 411 Commonwealth Avenue West

The valuation of the HDB 4-room unit in Clementi, with a remaining lease of 50 years, stands at an estimated value of $426,598, translating to a price per square foot (PSF) of $409. This valuation places the property significantly above the market baseline, reflecting a 54.7% premium. Such a substantial deviation from the baseline indicates a robust demand for HDB units in the Clementi area, driven by its strategic location, accessibility, and the development of nearby amenities that enhance its appeal to potential buyers.

Market dynamics suggest that the confidence in this valuation is categorized as medium, primarily supported by analysis of nine recent HDB resale transactions within the vicinity. This subset of data highlights a competitive market environment, which may be influenced by factors such as the overall desirability of the Clementi region, coupled with the limited supply of 4-room units available for resale. As the remaining lease of 50 years tends to influence buyer sentiment, it is critical to monitor shifts in market conditions and buyer preferences as we move forward, ensuring that valuations remain in alignment with prevailing market trends.