4 Room (4A) HDB for Sale in 454 Clementi Avenue 3

The valuation of the HDB 4-room property located in Clementi, with a remaining lease of 74 years, stands at an estimated value of $929,624, translating to a price per square foot (PSF) of $960. This valuation indicates a minor deviation of 2.2% from the baseline market price, suggesting that the property is positioned competitively within the current market dynamics. Given the average resale transactions in the area, this indicates a stable interest in HDB properties, particularly in this sought-after district.

However, it is essential to note that the model confidence for this valuation is categorized as low, which may signal potential fluctuations in demand or market sentiment. The reliance on a limited dataset of only six recent HDB resale transactions in the vicinity contributes to this lower confidence level. As such, prospective buyers and investors should conduct further due diligence and consider the implications of the remaining lease, as HDB properties with shorter leases can experience varying levels of buyer interest and pricing pressure as they approach the end of their tenure.