5 Room (5I) HDB for Rent in 13 Toh Yi Drive

The valuation of the HDB 5 room unit in Bukit Timah, estimated at $1,043,189 or $795 PSF, reflects a market signal that is aligned with the baseline price, indicating a 0% difference. This stability in pricing suggests that the property is currently positioned within a balanced market, particularly in an area as prestigious as Bukit Timah, known for its strong demand and appeal among families and expatriates alike.

With a remaining lease of 61 years, it is imperative to consider the implications of leasehold duration on value perception. While properties with shorter leases typically face depreciation in value, Bukit Timah's prime location may counteract this trend to some extent, as evidenced by the recent resale transactions in the vicinity. However, the model confidence is rated as low, highlighting potential volatility and underscoring the need for cautious investment appraisal. The valuation is derived from an analysis of three recent HDB resale transactions, which provides a foundational context but also reflects the inherent uncertainties of the current market dynamics.