8 Bed Semi-Detached House (Landed) for Sale in Golden Rise Estate

The valuation of the HDB Executive property located in the prestigious Bukit Timah area reflects a significant market signal, registering an estimated value of $8,369,082, translating to $900 per square foot (PSF). This figure is notably 64.9% above the baseline, suggesting an exceptionally strong demand for properties in this highly sought-after location. The remaining lease of 78 years adds to its attractiveness, as buyers typically favor longer leases in the context of HDB properties, which enhances both marketability and investment potential.

Analyzing the market dynamics, the confidence in this valuation is categorized as medium, based on recent data from 19 HDB resale transactions within the vicinity. The substantial premium over the baseline indicates that this property is positioned well above the average market rates, which may be attributed to various factors, including the area's reputation for quality living, accessibility to amenities, and overall desirability. As the landscape of Singapore's real estate market continues to evolve, this valuation underscores the importance of location, lease tenure, and the ongoing demand for HDB properties in prime districts.