3 Room (3NG) HDB for Sale in 510 West Coast Drive

The valuation of the 3-room HDB unit located in Clementi, with a remaining lease of 50 years, stands at an estimated value of $277,291, translating to a price per square foot (PSF) of $385. This valuation indicates a significant market signal, as it is positioned above the baseline by 65.9%. This premium valuation suggests a robust demand for HDB units in the Clementi area, reflecting the neighborhood's desirability and the potential for long-term investment appreciation.

Despite the medium confidence level of the valuation model, the analysis is bolstered by data from 11 recent HDB resale transactions in the vicinity. The strong market performance can be attributed to several factors, including the strategic location of Clementi, proximity to various amenities, and excellent transport connectivity. Additionally, the remaining lease of 50 years presents a unique consideration for potential buyers, as it falls within a critical threshold for HDB valuations, influencing future resale potential. Investors and homeowners alike should remain cognizant of these dynamics when assessing the property's value in the context of the evolving real estate landscape.