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

The subject property, a 4-room HDB unit located in the prestigious Bukit Timah district, is valued at approximately $825,869, translating to a price per square foot (PSF) of $737. With a remaining lease of 61 years, this valuation places the property at a notable 23.5% above the baseline market value. This premium price reflects the strong demand for residential properties in this sought-after area, characterized by its proximity to esteemed educational institutions, vibrant lifestyle amenities, and lush green spaces.

However, the model confidence for this valuation is rated as low, indicating potential volatility in the market dynamics influencing HDB prices. This valuation is derived from a limited dataset of only three recent resale transactions within the vicinity, suggesting that fluctuating market conditions or unique characteristics of these transactions may not fully capture the broader market sentiment. Stakeholders should remain cautious and consider the implications of the remaining lease, as properties with shorter tenures tend to attract different buyer profiles and pricing strategies in the long term.