4 Bed Corner Terrace (Landed) for Sale in Binjai Park

The HDB Executive unit located in the esteemed Bukit Timah area, with a remaining lease of 84 years, has been appraised at an estimated value of $2,451,872 or $900 PSF. This valuation indicates a substantial premium over the baseline market price, reflecting a remarkable 234.4% differential. Such a significant markup suggests that this property is not only desirable but also commands a price that exceeds typical market expectations for similar HDB units in the region.

Analyzing recent activity, the valuation is informed by data from 16 recent HDB resale transactions within the vicinity. This robust dataset provides a foundational basis for understanding market dynamics, though it is important to note that the model confidence for this valuation is categorized as medium, indicating a level of caution due to potential variances in market conditions. The elevated value of this property can be attributed to its prime location, the appeal of Bukit Timah as a residential enclave, and the enduring demand for HDBs with significant remaining leases, which continue to attract both investors and homeowners seeking long-term stability.