607 Clementi West Street 1 120607, Clementi Woods, West Region, Singapore
$599,000
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…


License: L3008022J
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$364,180
S$368 psf
Asking Price
S$599,000
S$605 psf
vs Market
+64.5%
vs Last Done
+19.8%
Tenure
51 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Clementi
1244m away
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$505
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.729
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$368
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneOct 2024 | Blk 607 CLEMENTI WEST ST 1 Floor 01 TO 03 | 990sqft | S$500,000 | ▲S$505 +37.2% vs FV | 99yr from 1979 |
Oct 2024 | Blk 607 CLEMENTI WEST ST 1 Floor 01 TO 03 | 990sqft | S$500,000 | ▲S$505 +37.2% vs FV | 99yr from 1979 |
Blk 607 CLEMENTI WEST ST 1
Oct 2024 · Floor 01 TO 03
+37.2% vs FV
Blk 607 CLEMENTI WEST ST 1
Oct 2024 · Floor 01 TO 03
+37.2% vs FV
HELIOS AI Analysis
The valuation of the HDB 4 Room unit in Clementi, with a remaining lease of 51 years, is currently estimated at $364,180 or $368 PSF. This figure indicates a notable market signal, positioning the property at a premium above the baseline valuation by 64.5%. Such a significant deviation from standard market expectations suggests underlying dynamics that merit careful analysis.
Despite the attractive valuation, the model confidence remains low, primarily due to the reliance on only one recent HDB resale transaction in the vicinity. This factor raises concerns regarding the robustness of the price estimate and the potential volatility in the local market conditions. As the remaining lease diminishes, it is crucial for prospective buyers to consider how lease longevity impacts future resale potential and market appeal. The current premium valuation may reflect a unique demand for HDB units in Clementi, however, stakeholders should remain vigilant to broader economic indicators and real estate trends that could influence property values in this area moving forward.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.