5 Room (5I) HDB for Sale in 17 Toh Yi Drive

The valuation of the HDB 5-room unit in Bukit Timah, estimated at $1,108,120, reflects a price per square foot (PSF) of $805. With a remaining lease of 61 years, this property is positioned within a competitive market, indicated by a market price that shows a modest 0.7% deviation from the baseline. Such a slight variance suggests that the property is well-aligned with current market trends, maintaining a stable valuation amidst fluctuating demand and supply dynamics.

However, it is important to note that the model confidence for this valuation is classified as low, which may imply potential uncertainties in the estimation process. This assessment is based on only four recent HDB resale transactions within the vicinity, highlighting the limited dataset available for a more robust analysis. Investors and homeowners should consider these factors carefully, as the HDB leasehold nature and the current market dynamics can significantly influence future resale values.