5 Bed Bungalow (Landed) for Sale in Bukit Timah Road

The HDB Executive property located in the prestigious Bukit Timah area, with a remaining lease of 75 years, has been appraised at an estimated value of $6,753,228, translating to a price per square foot (PSF) of $900. This valuation positions the property significantly above the market baseline, reflecting a remarkable 122.1% difference. Such a premium valuation underscores the desirability of the Bukit Timah locale, renowned for its excellent amenities, proximity to nature reserves, and esteemed educational institutions, which collectively drive demand among affluent buyers seeking both lifestyle and investment opportunities.

Despite the medium confidence level in this valuation, it is supported by a robust analysis of 16 recent HDB resale transactions in the vicinity, illustrating a dynamic market where executive flats are increasingly sought after. The remaining lease of 75 years also plays a crucial role in the valuation, as properties with longer leases tend to retain their value better over time, making them attractive to potential buyers. Overall, this valuation not only reflects the intrinsic value of the property itself but also highlights the ongoing trends in the HDB market, where strategic location and lease tenure are pivotal in shaping buyer sentiment and market performance.