Walk-up for Room Rent: Chun Tin Court

In the prestigious enclave of Bukit Timah, the valuation of the 4-room HDB unit reflects a calculated estimate of $119,708, translating to a robust $599 PSF. This valuation is grounded in a comprehensive analysis of 39 recent HDB resale transactions within the vicinity, establishing a solid market baseline. The valuation indicates a market price that is aligned at 0% difference from the baseline, signifying a stable demand and a resilient market environment despite the remaining lease of 57 years.

The high model confidence associated with this valuation underscores the reliability of the data and the prevailing market dynamics in Bukit Timah. This area continues to attract discerning buyers, drawn by its strategic location, quality amenities, and reputable educational institutions. The stability in pricing suggests that the market is well-adjusted to the realities of leasehold properties, particularly in a premium location like Bukit Timah. As such, this HDB unit not only represents a potential home but also an investment opportunity in a sought-after segment of Singapore’s real estate landscape.