Terraced House for Room Rent: Beauty World Centre

The valuation of the 4-room HDB property located in the prestigious Bukit Timah area, with a remaining lease of 57 years, stands at an estimated value of $119,152, translating to a price per square foot (PSF) of $596. This valuation reflects a stable market signal, with a market price exhibiting no variation from the baseline. Such resilience in pricing is indicative of the area's sustained desirability, driven by its prime location and access to quality amenities.

Our analysis is grounded in a robust dataset comprising 38 recent HDB resale transactions in the vicinity, which bolsters the model's confidence in this valuation to a high degree. The Bukit Timah region, known for its rich greenery and reputable educational institutions, continues to attract discerning buyers, thereby maintaining its market strength. The combination of a respected community and a relatively long remaining lease further enhances the property's appeal, assuring potential investors of both stability and growth in value over time.