3 Room (3I) HDB for Rent in 18 Lorong 7 Toa Payoh

In the current landscape of Singapore's real estate market, the valuation of a 3-room HDB in Toa Payoh, with a remaining lease of 43 years, stands at an estimated value of $222,210, translating to a price per square foot of $309. This valuation reflects a market price that shows no deviation from the baseline, indicating a stable demand within this segment despite broader economic fluctuations. Given Toa Payoh's historical significance and central location, the property remains an attractive option for first-time buyers and investors looking for potential appreciation.

However, it is important to note that the model confidence for this valuation is categorized as low, suggesting a degree of uncertainty in the market dynamics influencing HDB resale transactions in the area. The analysis is drawn from three recent HDB resale transactions, which may not fully capture the evolving trends in buyer preferences or shifts in local amenities. As the remaining lease diminishes, potential buyers may exhibit increased caution, weighing the long-term viability of their investment against the backdrop of Singapore's housing policies and the overall economic climate.