Maisonette HDB for Sale in 6 Toh Yi Drive

The valuation of the executive HDB located in the prestigious Bukit Timah district, with a remaining lease of 62 years, has been estimated at $1,225,621, translating to a price per square foot of $778. This valuation is notably positioned above the market baseline, reflecting a significant premium of 20.8%. Such a distinction suggests that despite the challenges typically associated with older HDB leases, the property’s desirable location within Bukit Timah continues to attract buyers willing to invest at elevated price points.

However, it is imperative to approach this valuation with caution, as the model confidence is categorized as low. This is primarily due to the reliance on just three recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market dynamics at play. The Bukit Timah area is characterized by its unique blend of lush greenery and urban convenience, often commanding a higher market value. Nonetheless, potential buyers should be cognizant of the implications of the remaining lease term on long-term investment stability and resale prospects.