4 Room (4A) HDB for Rent in 11 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 $778,958, translating to a price per square foot of $649. This valuation reflects a market signal indicating a 0% difference from the baseline price, suggesting that the property is currently positioned at fair market value relative to similar properties in the area.

It is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset of only two recent HDB resale transactions in the vicinity. Such a restricted sample size may not fully capture the nuances of the local real estate dynamics, especially in a prestigious district like Bukit Timah, where market fluctuations can be influenced by various external factors, including demand for land, demographic shifts, and government policies. Investors and homeowners should exercise caution and conduct thorough due diligence when considering this property, as the remaining lease of 61 years may also impact long-term value appreciation and marketability.