4 Room (4A) HDB for Rent in 11 Toh Yi Drive

The valuation of the 4-room HDB unit located in the prestigious Bukit Timah district reflects a calculated estimate of $741,488, translating to a price per square foot (PSF) of $663. With a remaining lease of 61 years, the property sits in a competitive segment of the market, characterized by high demand and limited supply. However, the model confidence for this valuation is rated as low, suggesting that while the estimated value aligns with the current market price—showing a 0% difference from baseline—there are underlying market dynamics that may not fully support this price point in the long term.

Recent transactions in the vicinity, which form the basis of this analysis, indicate a cautious market sentiment. As the HDB market in Bukit Timah continues to evolve, potential buyers should consider the implications of the remaining lease. The 61-year lease remains a critical factor, as properties with shorter leases tend to experience diminished appeal and value over time. The premium nature of the Bukit Timah locale, combined with the proximity to amenities and educational institutions, does provide a buffer against potential depreciation; however, the low model confidence suggests that buyers should proceed with due diligence and consider the future trajectory of HDB values in this area.