3 Room (3NG) HDB for Rent in 19 Toh Yi Drive

The valuation of the HDB 3 Room unit located in Bukit Timah, with a remaining lease of 61 years, stands at an estimated value of $524,195, equivalent to $761 PSF. This valuation reflects a stable market price, indicating a 0% difference from the baseline. Such a figure suggests that the property is currently aligning closely with prevailing market conditions, which may be indicative of the overall health and stability of the HDB resale market in this prestigious area.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited data derived from only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales can lead to fluctuations in perceived market value and may affect potential buyers' sentiment. As Bukit Timah is known for its desirable location and amenities, the remaining lease of 61 years presents a balanced opportunity for investors or homeowners who appreciate both the historical significance of the area and the potential for future capital appreciation.