4 Bed Bungalow (Landed) for Sale in Clementi Park

The current valuation of the HDB Executive property located in the prestigious Bukit Timah district, with a remaining lease of 58 years, has been estimated at an impressive $3,547,702, translating to a price per square foot (PSF) of $710. This valuation notably positions the property above the market average, reflecting a substantial 263.1% difference from the baseline. Such a premium valuation underscores the desirability of Bukit Timah, a well-established locale renowned for its proximity to elite educational institutions, vibrant commercial hubs, and lush green spaces.

Despite the medium confidence level of this valuation, the analysis is supported by data from 11 recent HDB resale transactions in the surrounding area, indicating robust market dynamics. The significant premium is indicative of not only the property’s prime location but also the ongoing demand for HDBs in sought-after districts amid a tightening supply landscape. As Singapore’s urban development continues to evolve, properties in well-favoured districts like Bukit Timah remain highly coveted, highlighting the resilience of the HDB market in navigating the complexities of lease durations and buyer preferences.