3+1 Bed Bungalow (Landed) for Rent in King Albert Park

In the prestigious Bukit Timah district, the valuation of the HDB Executive unit stands at an estimated value of $2,967,806, translating to a price per square foot of $796. This valuation reflects a market price aligned with the baseline, indicating a stable demand and supply equilibrium in this sought-after locale. The remaining lease of 65 years further contributes to the property’s desirability, as Bukit Timah is renowned for its proximity to top-tier educational institutions and lush greenery, making it a prime choice for families and investors alike.

The model confidence for this valuation is categorized as medium, derived from an analysis of 16 recent HDB resale transactions in the vicinity. Such a sample size provides a reasonable indication of market trends; however, fluctuations in buyer sentiment and broader economic conditions can impact future valuations. As the HDB market in Singapore continues to evolve, properties in well-established districts like Bukit Timah are expected to maintain their value, supported by a robust demand for quality housing amidst a tightening supply landscape.