4 Room (4A) HDB for Rent in 11 Toh Yi Drive

The valuation of the HDB 4-room unit in Bukit Timah, estimated at $778,958 with a price per square foot (PSF) of $649, reflects a market price that is stable, showing a 0% difference from the baseline. This consistency in valuation is indicative of a resilient demand in the Bukit Timah area, which is known for its proximity to educational institutions and green spaces, making it a sought-after location for families and professionals alike.

However, the model confidence for this valuation is rated as low, primarily due to the limited data set of only two recent HDB resale transactions within the vicinity. The remaining lease of 61 years on this property also plays a critical role in its valuation, as properties with shorter leases tend to attract lower prices in comparison to their freehold counterparts. It is essential for potential buyers to consider the implications of lease longevity on future resale value, particularly in a market where lease decay can significantly influence buyer sentiment and investment decisions.