5 Room (5I) HDB for Sale in 17 Toh Yi Drive

The valuation of the HDB 5-room property located in the prestigious Bukit Timah area, with a remaining lease of 61 years, stands at an estimated value of $1,108,120, translating to $805 per square foot. This valuation reflects a nuanced understanding of the current market dynamics, especially considering the property’s advantageous location within a highly sought-after district known for its proximity to quality schools, lush greenery, and vibrant community amenities.

Analyzing the market signals, the property demonstrates a modest 0.7% deviation from the baseline price, suggesting a relatively stable market condition amidst fluctuations. However, it is crucial to note that the model confidence in this valuation is categorized as low, primarily based on insights drawn from only four recent HDB resale transactions in the vicinity. This limited data set may not fully encapsulate broader market trends, warranting caution for potential investors. Thus, while the property holds significant appeal due to its location and remaining lease term, stakeholders should remain vigilant and consider additional market indicators when making informed decisions.