3 Room (3A) HDB for Sale in 729 Clementi West Street 2

The valuation of the HDB 3 Room property in Clementi, with an estimated value of $363,280 and a price per square foot (PSF) of $411, indicates a significant market signal that positions it above the baseline by 30.8%. This premium valuation is derived from a comprehensive analysis of 10 recent HDB resale transactions within the vicinity, reflecting the strong demand and desirability of the Clementi area. The remaining lease of 54 years adds a layer of complexity to the valuation, as potential buyers weigh the longevity of leasehold tenure against the investment potential of the property.

Market dynamics in Clementi suggest a robust interest in HDB properties, driven by the area's strategic location, accessibility to amenities, and a well-established community. Such factors contribute to the elevated valuation, despite the medium confidence level in the model derived from the recent comparable sales data. As the market continues to evolve, this property exemplifies the potential for value appreciation in a neighborhood characterized by a blend of residential comfort and urban convenience.