3 Room (3A) HDB for Sale in 423 Clementi Avenue 1

The HDB 3 Room unit located in Clementi presents a compelling case for potential buyers and investors, with an estimated value of $780,010, translating to a price per square foot (PSF) of $967. This valuation reflects a 3.8% variance from the baseline market price, indicating a modest but significant premium on current market expectations. Given the remaining lease of 84 years, this property holds a strategic advantage in a market where long lease tenures are increasingly valued by prospective homeowners, particularly in established districts such as Clementi.

However, it is essential to note that the model confidence for this valuation is categorized as low, stemming from the reliance on only one recent resale transaction in the vicinity. This limited data point raises concerns regarding the robustness of the analysis and the potential volatility in pricing due to fluctuating market dynamics. As such, while the property offers a desirable location and a considerable lease period, stakeholders should approach this valuation with caution, considering broader market trends and the overall economic landscape influencing HDB prices in Singapore.