5 Room (5I) HDB for Sale in 1 Toh Yi Drive

The valuation of the HDB 5-room property located in the prestigious Bukit Timah area reflects a notable estimated value of $991,615, translating to approximately $720 per square foot. This figure positions the property above the baseline market value by 16%, indicating a robust demand and a willingness among buyers to invest in this sought-after locale. The remaining lease of 61 years plays a critical role in the valuation dynamics, as it provides a substantial timeframe for ownership, making it attractive to both owner-occupiers and investors alike.

Market signals in Bukit Timah remain strong, as evidenced by recent transactions in the vicinity, specifically 8 HDB resale transactions that contribute to the moderate confidence level of the valuation model. The elevated pricing can be attributed to several factors, including the area's proximity to reputable educational institutions, vibrant amenities, and a generally affluent demographic. As such, while the model confidence is categorized as medium, the compelling market performance suggests that this property could continue to appreciate, reflecting the area's enduring desirability.