5 Room (5I) HDB for Sale in 16 Toh Yi Drive

In the prestigious enclave of Bukit Timah, the valuation of this 5-room HDB unit stands at an estimated $951,951, translating to a price per square foot (PSF) of $725. This valuation is notably positioned 34.5% above the baseline market average, indicating a robust demand and a premium perception of the property within a highly sought-after location. The remaining lease of 60 years adds a unique dimension to the investment appeal, as prospective buyers weigh the longevity of ownership against the backdrop of Bukit Timah's enduring desirability.

The model confidence in this valuation is rated as high, bolstered by an analysis of 32 recent HDB resale transactions in the vicinity. This data reflects not only the resilience of the Bukit Timah property market but also highlights the competitive landscape, where premium listings are increasingly sought after. Factors contributing to this elevated market signal include the area's proximity to quality educational institutions, lush greenery, and convenient access to transport links, thereby enhancing the overall value proposition for potential buyers.