4 Bed Terraced House (Landed) for Rent in Airview Park

The valuation of the HDB Executive property in Bukit Timah, with a remaining lease of 75 years, stands at an estimated value of $2,564,719, translating to a price per square foot of $900. This valuation reflects a market price that is consistent with its baseline, indicating a stable demand within this prestigious area. The Bukit Timah locale is known for its affluent demographic and proximity to various amenities, educational institutions, and lush green spaces, making it a sought-after destination for families and professionals alike.

Our analysis draws upon data from 19 recent HDB resale transactions within the vicinity, providing a robust foundation for the estimated value. The model confidence is rated as medium, suggesting that while the data supports the valuation, market dynamics may still introduce variability. The property’s strong valuation signals a continued resilience in the HDB market, particularly in premium neighborhoods like Bukit Timah, where the combination of remaining lease duration and location factors plays a crucial role in sustaining property values. As the market evolves, it will be imperative for potential buyers and investors to consider both current trends and future implications of lease decay in their decision-making processes.