4 Room (4A) HDB for Sale in 117 Clementi Street 13

The valuation of the 4-room HDB unit in Clementi, with a remaining lease of 57 years, reflects a significant market signal, positioning it above the baseline by 45.3%. Priced at $516,180, which translates to $461 per square foot (PSF), this property demonstrates strong demand within the local market, corroborated by an extensive analysis of 45 recent HDB resale transactions in the vicinity. The high model confidence suggests that the valuation is robust and supported by prevailing market trends.

The elevated price point indicates a competitive landscape, where buyers are willing to pay a premium for properties in this desirable area. Factors contributing to the above-market valuation may include the unit's strategic location, proximity to essential amenities, and the overall desirability of Clementi as a residential choice. As the HDB lease decreases, prospective buyers often weigh the value of remaining lease duration against market conditions, making this valuation noteworthy in the context of long-term investment considerations. This property exemplifies the dynamic interplay between lease tenure and market demand, underscoring the importance of informed decision-making in real estate acquisitions.