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

The recent valuation of a 4-room HDB unit in Clementi, with a remaining lease of 57 years, has been estimated at $516,180, translating to a price per square foot (PSF) of $461. This valuation is notably positioned 48.2% above the baseline market value, indicating a bullish sentiment towards this property type within the Clementi precinct. Such a premium suggests that the demand for HDB units in this region is robust, likely driven by factors such as the area's strategic location, proximity to amenities, and the overall vibrancy of the Clementi district.

The model confidence for this valuation is classified as high, bolstered by data derived from 45 recent HDB resale transactions in the vicinity. This strong statistical backing not only reinforces the credibility of the estimated value but also highlights the prevailing market dynamics that favor sellers in the current landscape. As leasehold properties often face varying market conditions, the significant remaining lease of 57 years enhances the attractiveness of this unit, appealing to both owner-occupiers and investors alike. The premium valuation signals a potential opportunity for discerning buyers who recognize the intrinsic value of securing a unit in this desirable location.