3 Room (3NG) HDB for Sale in 704 West Coast Road

The valuation of the HDB 3 Room unit in Clementi, with a remaining lease of 52 years, stands at an estimated value of $275,905, translating to $383 per square foot (PSF). This figure positions the property significantly above the baseline market value, reflecting a robust premium of 35.9%. Such a deviation suggests a strong demand within the Clementi area, which is known for its strategic location and well-developed amenities, making it a desirable choice among homebuyers.

Analyzing the market signals based on 15 recent HDB resale transactions in the vicinity, the medium confidence level in this valuation indicates a degree of volatility that potential investors should consider. The elevated price point may be influenced by factors such as the proximity to key transport links, educational institutions, and lifestyle conveniences that are characteristic of Clementi. As the remaining lease is a critical aspect of HDB valuations, prospective buyers are advised to weigh the implications of a shorter lease against the current market dynamics, particularly in a landscape where demand continues to outpace supply.