6 Bed Bungalow (Landed) for Sale in Rifle Range Road

The valuation of the HDB Executive property located in the prestigious Bukit Timah area demonstrates a noteworthy market signal, with an estimated value of $7,695,580 at $923 PSF. This valuation is significantly above the market baseline, reflecting a 94.9% difference, indicating strong demand and premium desirability in this highly sought-after locale. Bukit Timah, known for its lush greenery and proximity to elite educational institutions, continues to be a magnet for homeowners and investors alike, thus driving up property values.

Despite the attractive valuation, it is essential to note that the model confidence is rated as low, suggesting that the estimation is subject to variability and should be approached with caution. This valuation is supported by a limited dataset, comprising only three recent HDB resale transactions in the vicinity. The remaining lease of 75 years also plays a crucial role in the overall valuation, as properties with longer leases tend to retain their value better over time. As the market for HDB properties in Singapore evolves, potential buyers and investors should remain vigilant of the dynamic trends shaping this segment.