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

The valuation for the HDB 5 room property in Bukit Timah, with a remaining lease of 60 years, stands at an estimated value of $999,842, translating to a price per square foot (PSF) of $761. This valuation reflects a significant market signal, categorizing it as above the current market baseline by 28%. Such a premium valuation is indicative of the desirability of the Bukit Timah locale, which is renowned for its proximity to high-quality educational institutions, lush greenery, and a vibrant community atmosphere.

However, it is essential to note that the model confidence in this valuation is classified as low, suggesting a degree of uncertainty surrounding the sustainability of this price point. The analysis is based on three recent HDB resale transactions in the vicinity, which, while providing some insight, may not fully encapsulate the broader market dynamics at play. Factors such as the remaining lease period, the overall economic climate, and the specific characteristics of the property itself will be pivotal in determining its long-term value retention and appreciation potential.