4 Room (4A) HDB for Sale in 416 Clementi Avenue 1

The recent valuation of a HDB 4-room property in Clementi, with a remaining lease of 85 years, stands at an estimated value of $1,005,066, translating to a price per square foot (PSF) of $943. This valuation indicates a market signal categorized as "Above Market," reflecting a notable 7.5% premium compared to the baseline valuation for similar properties within the vicinity. Such a premium often suggests heightened demand for residential units in this well-connected and strategically located neighborhood.

However, it is crucial to note that the model confidence for this valuation is classified as low. This is primarily based on a limited dataset of only six recent HDB resale transactions in the area, which may not fully capture the broader market dynamics or fluctuations in buyer sentiment. As the remaining lease extends to 85 years, prospective buyers should consider the implications of lease decay on long-term investment value. The interaction between the remaining lease term and the current market sentiment in Clementi will play a pivotal role in shaping future resale potential and overall property appreciation.