Clementi low-floor 5-room unit sells for $1.3m: Why the high price?

Have you ever noticed how million-dollar HDB resales are usually for units perched on the highest floors? It makes sense, considering the panoramic views and sense of privacy that come with them. However, a recent sale in Clementi Avenue 3 defies this trend.

Despite being on a low floor, the unit fetched a whopping price of S$1,077.94 per square foot for a total area of 1,206 square feet. The lease for Clementi Cascadia started in 2018, leaving 93 years and 3 months on the 99-year lease, making it an attractive long-term investment.Clementi Cascadia's prime position plays a significant role in its high valuation. The project's connectivity is unmatched, situated just a 2-3 minute walk from Clementi MRT station and the nearby bus interchange.

Secondary schools: Clementi Town Secondary , Nan Hua High , New Town Secondary Tertiary institutes: Singapore Polytechnic , Ngee Ann Polytechnic , Anglo-Chinese School

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