4 Room (4A) HDB for Sale in 445A Clementi Avenue 3

The valuation of the HDB 4-room unit in Clementi, with a remaining lease of 93 years, stands at an estimated value of $1,307,012, translating to a price per square foot of $1,306. This valuation reflects a market price that is only 3.3% above the baseline, indicating a stable demand within this locality. The confidence level of this model is categorized as medium, which suggests a balanced outlook based on the recent market activities.

Analysis of the recent HDB resale transactions in the Clementi area, comprising 19 comparable sales, supports the valuation's integrity. Notably, the remaining lease of 93 years positions this property favorably within the market, as prospective buyers often prioritize properties with longer leases due to their perceived value retention. The slight premium over the baseline price could signify a robust interest in HDB properties in this region, reflecting the overall sentiment of the market as it navigates through current economic conditions.