8 Bed Bungalow (Landed) for Sale in Upper Bukit Timah Road

The HDB Executive property located in Bukit Timah presents a compelling valuation of approximately $13,506,456, translating to $900 PSF for its remaining lease of 75 years. This valuation places the property significantly above the market baseline, reflecting a notable 135.4% deviation from typical pricing in the region. Such a premium valuation can be attributed to several factors, including the property’s desirable location in a prestigious district, which is characterized by a high demand for residential units amid limited supply.

Moreover, the model confidence for this valuation stands at a medium level, indicating that while the estimated value is informed by 16 recent HDB resale transactions in the vicinity, there may be certain market dynamics at play that could influence future pricing trends. The current market signal suggests a robust demand for executive HDB units in this area, underscoring the appeal of such properties not only as homes but also as strategic investment opportunities. Stakeholders should remain vigilant about potential fluctuations in market conditions that could affect the long-term viability of this valuation.