3 Room (3A) HDB for Sale in 440A Clementi Avenue 3

The valuation of the HDB 3-room property in Clementi, with a remaining lease of 90 years, stands at an estimated value of $893,470, translating to a price per square foot (PSF) of $1,203. This valuation reflects a market price that is only 0.6% different from the established baseline, indicating a relatively stable pricing environment in the area. Such minimal variance from the baseline suggests that the property is positioned competitively within the local market, aligning closely with recent market trends.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily driven by the analysis of only two recent HDB resale transactions in the vicinity. This limited dataset constrains the robustness of the valuation, indicating potential volatility and uncertainty in the pricing dynamics of the Clementi area. As such, prospective buyers and investors should consider the implications of the remaining lease period and the broader market conditions when evaluating this property. The longevity of the lease is a significant factor, as it can influence potential appreciation rates and resale value, making it essential to monitor the ongoing market sentiment closely.