10 Bed Bungalow (Landed) for Sale in Greenridge

The valuation of the HDB Executive property located in the prestigious Bukit Timah area reflects a compelling market signal, with an estimated value of $8,815,360 or $735 PSF. Notably, this valuation stands at a remarkable 170% above the baseline market rate, indicating a robust demand for premium HDB properties in this sought-after locale. The property boasts a remaining lease of 60 years, which, while substantial, factors into its elevated price point, particularly in a market where leasehold dynamics play a critical role in buyer sentiment.

The model confidence for this valuation is categorized as medium, suggesting a degree of variability inherent in the analysis. This confidence is underpinned by the examination of 19 recent HDB resale transactions within the vicinity, which have provided a comparative framework for assessing market trends. The ongoing demand for residential properties in Bukit Timah, characterized by its proximity to educational institutions, lush greenery, and affluent amenities, underscores the premium placed on this executive HDB unit. As such, potential investors and homeowners should consider both the significant appreciation potential and the unique attributes of this property within the larger market context.