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 $298,269, translating to a price per square foot (PSF) of $414. This pricing places the property significantly above the market baseline, showcasing a remarkable 27.4% premium. Such a deviation indicates a robust demand for HDB units in the Clementi region, reflecting the area's desirability and the strategic advantages it offers to potential homeowners.

Supported by a comprehensive analysis of 449 recent HDB resale transactions in the vicinity, the model confidence in this valuation is categorized as high. The strong market signal suggests that buyers are willing to pay a premium for properties in this location, likely driven by factors such as proximity to educational institutions, transportation links, and community amenities. As the remaining lease of the property stands at 52 years, it is crucial to note how lease duration impacts buyer sentiment and investment viability, particularly in a dynamic market like Singapore's. This analysis underscores the significance of understanding both local market trends and the intrinsic value of HDB properties as part of a broader investment strategy.