3 Room (3I) HDB for Sale in 116 Lorong 2 Toa Payoh

The valuation of the HDB 3-room unit in Toa Payoh, with a remaining lease of 42 years, has been set at an estimated value of $249,527, translating to a price per square foot (PSF) of $368. This valuation is particularly noteworthy as it reflects a significant market signal, being assessed at an above-market rate with an 87.6% difference from the baseline. Such a premium suggests a robust demand within this highly sought-after district, which is known for its strategic location and excellent connectivity.

In deriving this valuation, our analysis was grounded in a comprehensive review of 13 recent HDB resale transactions in the vicinity, reinforcing the credibility of our assessment. The medium confidence level indicates a balanced consideration of fluctuating market dynamics and local demand metrics. As Toa Payoh continues to evolve, the enduring appeal of its amenities and community living is likely to sustain or potentially enhance property values, making this HDB unit an attractive investment opportunity for discerning buyers.