4 Bed Bungalow (Landed) for Sale in King Albert Park

The HDB Executive property located in the prestigious Bukit Timah region is currently valued at an impressive $3,585,302, translating to a price per square foot (PSF) of $797. This valuation places the property significantly above the baseline market level, boasting a remarkable 616.8% differential. Such a substantial premium indicates a robust demand for housing in this desirable locale, reflective of Bukit Timah's reputation as a sought-after residential area known for its lush greenery, proximity to top-tier educational institutions, and affluent community.

While the remaining lease of 65 years remains a critical factor in the valuation, the model confidence is rated as medium, suggesting a degree of variability based on market conditions. This valuation is supported by an analysis of 8 recent HDB resale transactions in the vicinity, which further underscores the competitive landscape. Buyers should consider the inherent leasehold nature of HDB properties, particularly as it pertains to future resale potential and investment viability. Overall, this property exemplifies the dynamic interplay between location desirability and market conditions, reinforcing Bukit Timah's status as a premier destination for discerning homeowners.