Semi-Detached House for Room Rent: Lorong Pisang Udang

This valuation report focuses on a HDB 4 Room unit located in the prestigious Bukit Timah area, with a remaining lease of 45 years. The estimated market value stands at $47,253, translating to a price per square foot of $473. This valuation reflects a pivotal moment in the local real estate landscape, where market dynamics appear stable, as indicated by a 0% difference from the baseline market price. Such a positioning suggests that this property is competitively priced within the current market context, bolstered by robust demand in the vicinity.

The high model confidence rate, derived from an analysis of 39 recent HDB resale transactions in the area, underscores the reliability of this valuation. Bukit Timah is known for its prime location and affluent demographic, which continue to drive interest in HDB properties despite broader market fluctuations. The remaining lease of 45 years adds a layer of complexity to the valuation, as prospective buyers weigh long-term investment considerations against the backdrop of Singapore's evolving housing policies and market trends. Overall, this property not only embodies a sound investment opportunity but also represents a strategic entry into one of Singapore's most coveted residential neighborhoods.