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What is the potential growth in 122312?
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To assess the potential growth of the property at 312B Clementi Avenue 4, here are some key points to consider:
Recent Transaction Prices
In the last 12 months, sale prices have ranged from S$ 650,000 to S$ 1,370,000. Recent transactions have shown prices such as S$ 1.17 million and S$ 1.18 million for certain units, indicating a strong demand and relatively stable to increasing prices.
Rental Market
The rental market also shows healthy activity, with rents ranging from S$ 3,100 to S$ 4,600 per month. This suggests a robust demand for rental units in the area.
Amenities and Location
The property is located in the Clementi HDB Town, which is well-connected by MRT stations such as Clementi EW23 and Dover EW22. The presence of nearby amenities like The Clementi Mall, Clementi Arcade, and several grocery stores enhances the livability and attractiveness of the area.
Property Age and Tenure
Completed in 2017, the property is relatively new and has a 99-year leasehold tenure starting from 2017. This can be a positive factor for potential buyers who prefer newer properties.
Market Trends
While specific growth projections are not provided, the overall trend of stable to increasing prices and strong rental demand suggests that the property could maintain its value or potentially appreciate over time, especially given its prime location and amenities.
For a more detailed analysis and to stay updated on market trends, you can regularly check the transaction data and market insights on EdgeProp Singapore.
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