5 Bed Bungalow (Landed) for Rent in King Albert Park

This valuation report pertains to an HDB Executive property located in the esteemed Bukit Timah area, boasting a remaining lease of 65 years. The estimated value of the property stands at $8,419,253, translating to a price per square foot (PSF) of $802. This pricing reflects a market signal indicating no deviation from the baseline, suggesting a stable market environment for HDB properties in this prestigious locale.

The valuation is derived from an analysis of seven recent HDB resale transactions in the vicinity, providing a contextual framework for understanding local market dynamics. However, the model confidence is categorized as low, highlighting the potential for volatility in this segment. As the remaining lease diminishes over time, it is imperative for stakeholders to consider both the intrinsic value of the property and the broader market conditions that may impact future resale opportunities. The Bukit Timah area, known for its affluent demographic and proximity to quality amenities, remains a coveted choice for buyers, reinforcing the strategic importance of this valuation.