4 Room (4A) HDB for Sale in 13 Toh Yi Drive

The valuation of the 4-room HDB unit located in the prestigious Bukit Timah area, with a remaining lease of 61 years, stands at an estimated value of $823,126 or $736 PSF. This figure reflects a significant premium, marking a 33.6% difference from the baseline market value. Such a valuation indicates that this property is positioned above the average market rate, driven by its prime location and the desirability of the Bukit Timah enclave.

However, it is crucial to note that the model confidence for this valuation is categorized as low, which suggests a degree of uncertainty in the data derived from recent transactions. The analysis is based on only five recent HDB resale transactions within the vicinity, indicating a limited sample size that may not fully capture market dynamics. As the remaining lease stands at 61 years, potential buyers should consider the implications of lease decay and market trends, particularly in a landscape where leasehold properties can experience varying levels of demand based on remaining lease duration.