5 Bed Semi-Detached House (Landed) for Sale in Greenbank Park

The valuation of the HDB Executive unit in Bukit Timah, with an estimated market value of $4,891,863 (equating to $900 PSF), reflects a robust premium above the baseline market price. This assessment indicates a remarkable 94.2% variance from the baseline, positioning the property as a highly sought-after asset in one of Singapore's most prestigious residential districts. The remaining lease of 80 years is a critical factor contributing to the unit's appeal, as properties with substantial lease tenure often command higher prices due to the potential for long-term occupancy and investment stability.

Market dynamics in the Bukit Timah area, supported by data from 19 recent HDB resale transactions in the vicinity, reveal a trend of increasing demand for HDB units, particularly those with extended lease periods. The medium model confidence suggests that while the valuation reflects current market conditions, fluctuations may occur based on broader economic factors and housing policies. Nonetheless, the executive nature of this HDB unit, along with its strategic location, underlines its value proposition as an investment and residential choice, reinforcing its status in the competitive landscape of Singapore's real estate market.