4 Bed Bungalow (Landed) for Sale in Hock Seng Park

The valuation of the HDB Executive property in Bukit Timah, with a remaining lease of 93 years, stands at an estimated value of $4,502,152, translating to a price per square foot (PSF) of $900. This valuation indicates a significant premium, showcasing a remarkable 610.8% difference from the baseline market value, which positions this asset well above typical market expectations for HDB properties in the region. Such a valuation highlights the desirability of Bukit Timah, a locale synonymous with prestige, accessibility, and a vibrant community, further supported by a robust demand for housing in this high-value district.

Our analysis is grounded in a review of 16 recent HDB resale transactions within the vicinity, providing a comprehensive view of market dynamics and pricing trends. The model confidence for this valuation is rated as medium, suggesting a balanced consideration of both current market activity and external economic factors that may influence buyer sentiment and investment potential. The significant remaining lease also contributes to the overall attractiveness of the property, ensuring long-term tenure and stability, which are crucial elements for discerning buyers looking to invest in Singapore's competitive real estate landscape.