3 Room (3NG) HDB for Sale in 311B Clementi Avenue 4

The valuation for the 3-room HDB unit in Clementi, with a remaining lease of 88 years, stands at an estimated value of $749,245, translating to a price per square foot (PSF) of $1,162. This valuation reflects a modest market signal, with only a 1.5% deviation from the established baseline. The proximity to essential amenities and transport hubs in Clementi, a well-regarded residential enclave, contributes positively to the demand and price stability of HDB properties in the area.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily based on a limited dataset of only four recent HDB resale transactions in the vicinity. This suggests that while the current price is reflective of localized market conditions, it may not fully account for broader market fluctuations or shifts in buyer sentiment. As such, prospective buyers and investors should approach this valuation with a measured perspective, recognizing the inherent risks associated with a constrained transaction history and the long-term implications of the remaining lease on property value appreciation.