5 Room (5I) HDB for Sale in 16 Toh Yi Drive

The valuation of the HDB 5-room property located in the prestigious Bukit Timah area, with a remaining lease of 60 years, stands at an estimated value of $1,000,603, translating to a price per square foot (PSF) of $761. This valuation reflects a significant upward market signal, indicating a notable 27.9% premium above the baseline for similar properties in the vicinity. Such a discrepancy suggests strong demand and potential investor interest in this sought-after locale, which is renowned for its proximity to high-quality educational institutions, vibrant lifestyle amenities, and lush greenery.

However, it is important to note that the model confidence for this valuation is classified as low, primarily due to the limited dataset of only three recent HDB resale transactions in the area. This scarcity of comparable sales may lead to fluctuations in perceived value and market sentiment. As the remaining lease diminishes, future resale value will be influenced not only by the immediate market dynamics but also by broader economic factors and policy changes affecting the HDB market. Stakeholders should closely monitor these variables to navigate potential investment opportunities effectively.