Bungalow for Room Rent: Single-storey detached property at Jalan Layang Layang

The valuation of the HDB 4-room property in Bukit Timah, with a remaining lease of 64 years, stands at an estimated value of $83,699, translating to a price per square foot (PSF) of $670. This valuation reflects a strong market signal, as it indicates a 0% difference from the baseline price, illustrating a stable market condition in this desirable location. The high model confidence, based on 37 recent HDB resale transactions in the vicinity, reinforces the reliability of this valuation amidst ongoing fluctuations in the Singapore property market.

Bukit Timah is renowned for its prime residential appeal, characterized by its proximity to educational institutions, lush greenery, and a vibrant neighborhood. The remaining lease of 64 years is a critical factor, as it indicates a healthy duration for potential owners, while still providing an attractive investment opportunity. As the market continues to navigate through various economic cycles, properties within established areas like Bukit Timah tend to maintain their value, supported by consistent demand and a limited supply of quality HDB units. This analysis underscores the resilience of the Bukit Timah HDB market, positioning the property as a sound investment for both owner-occupiers and investors alike.