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

The HDB Executive unit located in the prestigious Bukit Timah region is currently valued at approximately $9,686,357, translating to a price per square foot (PSF) of $923. This valuation is indicative of a stable market condition, as it reflects a 0% difference from the baseline market price. Such a figure suggests a well-maintained equilibrium in the area, where demand and supply are closely aligned, contributing to sustained property values.

However, it is crucial to note that the model confidence for this valuation is classified as low. This rating stems from the limited number of recent transactions—only three HDB resales in the vicinity were analyzed. The remaining lease of 75 years also plays a pivotal role in the valuation dynamics, as leasehold properties generally experience varying degrees of depreciation as they approach the end of their lease term. Buyers in this segment often weigh the longevity of lease against location desirability, which in the case of Bukit Timah, remains a sought-after locale due to its proximity to reputable schools and lush green spaces.