5 Bed Bungalow (Landed) for Sale in Binjai Crest

The HDB Executive property located in the prestigious Bukit Timah area is currently valued at an estimated $8,072,016, translating to a price per square foot (PSF) of $897. With a remaining lease of 77 years, this valuation positions the property significantly above the market baseline, reflecting an 80.9% difference. Such a premium valuation underscores the desirability of the Bukit Timah locale, known for its affluent demographic, proximity to key amenities, and strong educational institutions.

Market dynamics reveal a medium confidence level in this valuation, bolstered by the analysis of 18 recent HDB resale transactions in the vicinity. This data indicates a robust demand for HDB properties in this region, driven by both owner-occupiers and investors seeking long-term value appreciation. The substantial difference from the baseline price suggests that buyers are willing to pay a premium for the unique characteristics of this property, which include its spacious layout typical of executive flats and its strategic location within a highly sought-after residential enclave.