4 Room (4A) HDB for Sale in 13 Toh Yi Drive

The valuation of the HDB 4 Room property in Bukit Timah, with a remaining lease of 61 years, stands at an estimated value of $825,132, translating to a price per square foot (PSF) of $737. This valuation is notably above the market baseline, reflecting a 17.6% premium compared to comparable properties in the vicinity. Such a significant markup suggests a robust demand for HDB units in this sought-after location, which is characterized by its proximity to esteemed educational institutions, vibrant amenities, and lush greenery.

However, it is essential to highlight the model's confidence level, which is classified as low, indicating potential volatility in the valuation due to limited data points. The assessment is based on only three recent HDB resale transactions in the area, which may not fully capture the broader market dynamics. As the remaining lease diminishes over time, potential buyers should also consider the implications of leasehold longevity on future resale opportunities. Overall, this valuation reflects a complex interplay of local desirability and market conditions, warranting careful consideration by prospective investors.