4 Room (4A) HDB for Rent in 9 Toh Yi Drive

The valuation of the HDB 4 Room unit in Bukit Timah, with a remaining lease of 61 years, stands at an estimated value of $803,615, translating to a price per square foot (PSF) of $718. This figure reflects a market price that shows no variation from the baseline, indicating a stable pricing environment within this sought-after residential locality. Such stability, however, is juxtaposed with the low model confidence rating, suggesting that the valuation is influenced by limited data points and recent market transactions.

Analyzing the context of this valuation, it is crucial to consider the dynamics inherent in the Bukit Timah region, which is known for its prestigious address and proximity to reputable educational institutions and amenities. The reliance on only four recent HDB resale transactions in the vicinity raises the stakes for potential fluctuations in value, especially as the remaining lease diminishes. Buyers and investors should be wary of the implications of lease decay, as properties with shorter remaining leases often face increased scrutiny and risk of depreciation. In summary, while the current valuation appears to align with existing market conditions, the low confidence level invites caution and a thorough due diligence process for prospective stakeholders.