6 Bed Bungalow (Landed) for Sale in Hock Seng Park

In the coveted district of Bukit Timah, this HDB executive unit boasts a remaining lease of 93 years, positioning it as a sought-after asset in a highly competitive market. With an estimated value of $8,302,592 or $923 PSF, this property stands significantly above the baseline market valuation, reflecting a remarkable 90.3% premium. Such a valuation is indicative of strong demand for HDB properties in the area, particularly given Bukit Timah's reputation for exclusivity and accessibility to high-quality amenities.

However, the model confidence for this valuation is categorized as low, suggesting that while recent transactions provide some context, the volatility in the HDB resale market warrants cautious interpretation. The analysis is based on three recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market trends influenced by economic fluctuations and changing buyer preferences. As such, potential investors should consider both the premium pricing and the inherent risks associated with a market signal that indicates heightened speculation in this segment.