4 Bed Terraced House (Landed) for Rent in Fairwood Park

The valuation of the HDB Executive apartment in Bukit Timah, with a remaining lease of 66 years, stands at an estimated value of $2,425,649, translating to a price per square foot (PSF) of $809. This valuation is indicative of the current market dynamics in the vicinity, where the property exhibits a market price that aligns closely with the baseline, registering a 0% difference. Such stability in pricing reflects a balanced equilibrium between demand and supply in the Bukit Timah area, a locale known for its desirability and accessibility.

Our analysis, grounded in a review of 16 recent HDB resale transactions in the area, suggests a medium level of confidence in this valuation. The sustained interest in Bukit Timah, characterized by its prime location and proximity to various amenities, contributes to the resilience of the HDB market in this district. The remaining lease of 66 years is a salient factor, as properties with longer leases tend to experience less depreciation over time, maintaining their value in the eyes of potential buyers. This analysis underscores the importance of lease tenure in influencing property valuations and highlights the ongoing demand for HDB units in this prestigious neighborhood.