4-Room HDB for Room Rent: 13 Toh Yi Drive

The valuation of the HDB 4 Room unit in Bukit Timah, with a remaining lease of 61 years, is estimated at $110,608, translating to $737 per square foot. This valuation reflects a market price that exhibits a 0% difference from the baseline, indicating a stable equilibrium in the current market dynamics. Such a figure suggests that the property is appropriately valued in relation to the surrounding market, yet it also underscores the sensitivity of this segment to fluctuations in demand and supply.

However, it is essential to note that the model confidence for this valuation is categorized as low, which may reflect the limited data availability or potential variations in buyer sentiment. The valuation is based on only three recent HDB resale transactions in the vicinity, which may not fully capture the broader market trends. As the remaining lease period decreases, buyer interest could shift, impacting future valuations. Therefore, stakeholders should remain vigilant regarding lease expiry implications and evolving market conditions, particularly in a prime area like Bukit Timah, which has historically demonstrated resilience in property values.