4+1 Bed Bungalow (Landed) for Rent in Clementi Park

The valuation of the HDB Executive property located in the prestigious Bukit Timah area reflects a robust estimate of $3,552,718, translating to a price per square foot (PSF) of $711. With a remaining lease of 58 years, this property is strategically positioned in a highly sought-after district, renowned for its proximity to top educational institutions, lush green spaces, and vibrant community amenities. The current valuation signals a stable market condition, with the estimated value showing a 0% difference from the baseline, suggesting a balanced interplay between supply and demand in this segment of the HDB market.

The model confidence for this valuation is rated as medium, substantiated by an analysis of 16 recent HDB resale transactions in the vicinity. This data indicates consistent buyer interest and a firm pricing structure, despite the longer lease term. Buyers are increasingly valuing the unique characteristics of properties in Bukit Timah, such as accessibility to transport networks and lifestyle offerings, which contribute to the enduring appeal of HDBs in this locality. As the market continues to evolve, the dynamics surrounding lease longevity and location will remain critical factors influencing property valuation and investment potential.