Maisonette HDB for Sale in 114 Clementi Street 13

The valuation of the HDB Executive apartment located in Clementi, with a remaining lease of 57 years, has been assessed at an estimated value of $819,259, translating to a price per square foot (PSF) of $536. This valuation indicates a noteworthy market signal, positioning the property above the current market baseline by 25.6%. Such a premium suggests a robust demand for HDB properties in this desirable locale, reflecting both the intrinsic value of the asset and the broader dynamics of the Singapore real estate market.

The model confidence for this valuation is rated as high, supported by an analysis of 23 recent HDB resale transactions in the vicinity. The significant premium over the baseline can be attributed to several factors, including the strategic location of Clementi, which is renowned for its accessibility, amenities, and educational institutions. Additionally, the remaining lease of 57 years positions this property favorably for both owner-occupiers and investors, as it exceeds the minimum leasehold period typically sought after in the HDB market. This combination of factors underscores a resilient demand, likely driven by both local buyers seeking quality living spaces and investors eyeing potential capital appreciation.