4 Bed Walk-up Apartment (Condo) for Rent in Eng Kong Park

The valuation of the HDB Executive property located in the prestigious Bukit Timah area reveals an estimated value of $1,457,840, translating to $858 PSF. This valuation is particularly noteworthy given the remaining lease of 70 years, which positions the property favorably within the market, especially for buyers seeking a long-term investment in a well-established neighborhood. The Bukit Timah region is renowned for its proximity to top-tier educational institutions and recreational amenities, making it a sought-after locale among families and expatriates alike.

Market signals indicate that the current estimated value aligns perfectly with the baseline, reflecting a 0% difference from market prices. This equilibrium suggests a stable market environment, supported by a credible sample of 16 recent HDB resale transactions in the vicinity. The model confidence is rated as medium, indicating a reasonable degree of reliability in the valuation, whilst accounting for potential fluctuations in demand and supply dynamics. As the property market evolves, the enduring appeal of Bukit Timah, combined with its limited supply of HDB Executive units, underscores the potential for capital appreciation in the years to come.