3 Room (3NG) HDB for Sale in 109 Clementi Street 11

The valuation of the HDB 3-room unit in Clementi, with a remaining lease of 57 years, stands at an estimated value of $415,763, translating to $477 PSF. This valuation is significant, reflecting a market signal that indicates the property is priced 32.3% above the baseline. Such a premium suggests a strong demand for housing in this vibrant neighborhood, which is well-regarded for its strategic location and amenities. However, this elevated market position comes with a caveat, as reflected in the low model confidence, which may be attributed to limited data from only three recent HDB resale transactions in the vicinity.

In the context of the current real estate landscape, the extended lease of 57 years presents both opportunities and challenges for potential buyers and investors. While the above-market valuation may attract those seeking premium properties, the low model confidence signals caution, underscoring the necessity for thorough due diligence. Buyers should consider the evolving market dynamics and future resale potential, particularly in light of the property’s remaining lease length, which could impact long-term investment viability. As such, this valuation serves as a critical marker for stakeholders in the Clementi area, reflecting both the immediate demand and the complexities inherent in the HDB market.