5 Bed Semi-Detached House (Landed) for Sale in Blackmore Drive

The valuation of the HDB Executive unit in Bukit Timah, with a remaining lease of 75 years, stands at an estimated value of $3,599,605, translating to approximately $900 PSF. This pricing positions the property significantly above the market baseline, exhibiting a notable 94.5% premium compared to comparable transactions in the area. Such a valuation indicates a robust demand for HDB properties within this prestigious locale, often sought after for its proximity to top-tier educational institutions and affluent amenities.

The model confidence for this valuation is classified as medium, reflecting a careful analysis based on 19 recent HDB resale transactions in the vicinity. This dataset provides a crucial context for understanding the dynamics of the Bukit Timah property market, where demand consistently outstrips supply, particularly for executive flats that offer larger living spaces. As the remaining lease period of 75 years is considered favorable, it aligns with the preferences of both owner-occupiers and investors who are keen on capitalizing on the long-term potential of such prime properties.