3 Room (3A) HDB for Sale in 208B Clementi Avenue 6

The valuation of the HDB 3 Room property in Clementi, with a remaining lease of 89 years, stands at an estimated value of $703,445 or $962 PSF. This valuation reflects a nuanced understanding of the current market dynamics in the area, particularly given the 4.8% deviation from the baseline market price. Such a discrepancy indicates a modest premium that this property commands, likely influenced by its strategic location and the desirability of the Clementi region.

It is important to note that the model confidence for this valuation is categorized as low, suggesting that while the data points derived from three recent HDB resale transactions in the vicinity provide a foundational basis for the estimate, there may be external factors affecting the market that are not fully captured in this assessment. The ongoing lease of 89 years is a significant aspect, as it ensures potential buyers that they will have substantial tenure in the property, which is a crucial consideration in HDB valuations. As the market continues to evolve, monitoring these dynamics will be essential for prospective buyers and investors to navigate the complexities of the Singapore real estate landscape.