4 Bed Bungalow (Landed) for Sale in Clementi Arcade

The HDB Executive property located in the prestigious Bukit Timah district presents a compelling valuation of approximately $5,507,396, translating to a remarkable $918 per square foot (PSF). With a remaining lease of 75 years, this property stands out in the market, showcasing both stability and potential for appreciation in value as the area continues to thrive. The estimated value significantly exceeds the baseline market rate, indicating an impressive 235.9% premium. This elevated valuation reflects not only the intrinsic qualities of the property itself but also the desirability of the Bukit Timah locale, known for its lush greenery, prestigious schools, and convenient access to urban amenities.

The model confidence for this valuation is assessed as medium, grounded in data derived from 19 recent HDB resale transactions within the vicinity. Such a robust dataset reinforces the overall market signal, suggesting that demand for residential properties in this area remains strong despite broader economic fluctuations. The premium above market indicates a competitive interest from buyers, likely driven by the area's enduring reputation and the limited supply of available HDB Executive flats. As the property market continues to evolve, this HDB Executive serves as a noteworthy example of how strategic location and remaining lease duration can significantly influence property valuation dynamics in Singapore.