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

In the prestigious Bukit Timah district, the valuation of the HDB Executive property with a remaining lease of 65 years stands at an estimated value of $8,365,704, translating to $797 PSF. This valuation reflects current market conditions, with a notable market price indicating a 0% difference from baseline. Such stability in pricing suggests a balanced demand and supply scenario, which is often characteristic of high-demand areas like Bukit Timah, known for its proximity to educational institutions and lush greenery.

Our analysis is based on 8 recent HDB resale transactions in the vicinity, providing a solid foundation for the valuation and reinforcing the model's medium confidence level. Given the remaining lease of 65 years, it is essential to consider the implications of leasehold tenure on future resale values. Properties in this segment typically experience a more resilient market performance due to their desirable locations and the potential for appreciation over time. Overall, this valuation encapsulates not only the intrinsic value of the property but also the prevailing market dynamics that continue to influence the HDB landscape in Singapore.