1 Room HDB for Rent in 199 Toa Payoh North

In the heart of Toa Payoh, the valuation of a 2-room HDB unit reveals a nuanced picture of the current real estate landscape, with an estimated value of $55,600, translating to a price per square foot (PSF) of $463. This valuation, reflecting a market price that is in perfect alignment with the baseline (0% difference), suggests a stability in demand and a sustained interest in the Toa Payoh area, which is renowned for its strategic location and robust amenities.

However, the valuation comes with a caveat; the model confidence is rated as low, indicating potential volatility and uncertainties in the market. This assessment is corroborated by an analysis of seven recent HDB resale transactions within the vicinity, which may exhibit varied pricing trends influenced by factors such as remaining lease periods, buyer sentiment, and macroeconomic conditions. With the remaining lease of 46 years, potential buyers must weigh the long-term implications of lease decay against the vibrant community and infrastructure that Toa Payoh offers.