3 Room (3I) HDB for Sale in 12 Lorong 7 Toa Payoh

This valuation report presents an analysis of a HDB 3 Room property located in the highly sought-after district of Toa Payoh, featuring a remaining lease of 43 years. The estimated value of the property is pegged at $242,478, translating to a price per square foot (PSF) of $346. This valuation reflects a significant market signal, with the property priced 60% above the baseline, indicating a robust demand in the area.

The high model confidence in this valuation stems from an extensive market analysis, incorporating data from 419 recent HDB resale transactions within the vicinity. Toa Payoh, known for its strategic location and established community amenities, continues to attract buyers despite the diminishing lease term. The premium pricing suggests that buyers are willing to invest at a premium for the unique attributes of this property and its location, underscoring the resilience of the HDB market in Singapore even in the face of lease maturity concerns.