Which other areas in the west, near Teck Whye, have high valuation but low demand and low transaction values due to the age of the flat?

In the West Region of Singapore, several areas near Teck Whye exhibit characteristics of high valuations but lower demand and transaction values, often due to the age and condition of the flats.

Bukit Panjang

While Bukit Panjang has seen some price growth, older flats in this area can face lower demand due to their age and the need for renovations. The area's mix of older and newer flats can lead to a disparity between valuations and actual transaction prices.

Choa Chu Kang

Choa Chu Kang has experienced sluggish price growth, with only a 1.3% increase in some periods. This is partly because many of the flats in this area are older, which can deter buyers who prefer newer units or those with longer remaining leases.

Clementi

Clementi is another area where older flats have contributed to lower price growth. Despite its central location, the higher prices and older age of the flats in Clementi have made it less attractive to some buyers, leading to lower transaction values compared to their valuations.

Jurong West

Jurong West, although benefiting from the transformation of the Jurong Lake District, still has many older HDB flats. These flats may have higher valuations but attract lower demand due to their age and the preference for newer units or those with better amenities and connectivity.

These areas, while having some attractive features, face challenges related to the age and condition of the flats, which can result in a gap between the valuations and the actual transaction prices.