8 Bed Bungalow (Landed) for Sale in Jurong Park

The valuation of this HDB Executive unit in Bukit Timah, with a remaining lease of 64 years, stands at an estimated value of $12,537,400, translating to a price per square foot (PSF) of $784. This figure positions the property significantly above the baseline market value, reflecting a remarkable 137.7% premium. Such an elevated valuation underscores the desirability of the Bukit Timah area, known for its affluent demographic and proximity to prestigious educational institutions, making it a coveted location for families and professionals alike.

Market dynamics in the vicinity have shown resilience, supported by 19 recent HDB resale transactions which provide a reliable basis for this valuation. However, the medium confidence level indicates a degree of variability in market conditions, influenced by broader economic factors and local demand-supply dynamics. Potential buyers should carefully consider the implications of the remaining lease and the long-term value retention of such a property in a high-demand area, as these factors will play a crucial role in future resale opportunities.