5 Bed Bungalow (Landed) for Sale in Clementi Park

The HDB Executive property located in the prestigious Bukit Timah district, with a remaining lease of 58 years, has been appraised at an estimated value of $7,922,136, translating to $707 PSF. This valuation reflects a significant market signal, showcasing an impressive 50.2% premium above the baseline valuation for similar properties in the area. Such a substantial differential indicates a robust demand for HDB units in this coveted locale, underscoring Bukit Timah's enduring appeal among prospective homeowners and investors alike.

This valuation is derived from an analysis of nine recent HDB resale transactions within the vicinity, providing a comprehensive market insight that enhances the reliability of this estimate. The model confidence is categorized as medium, suggesting that while the valuation reflects current market dynamics, fluctuations in buyer sentiment and broader economic conditions could influence future price trajectories. Given the remaining lease period, it is critical for potential buyers to consider the implications of leasehold properties in Singapore's unique real estate landscape, particularly in highly sought-after regions like Bukit Timah.