3 Room (3STD) HDB for Rent in 73 Lorong 4 Toa Payoh

The valuation of the HDB 3 Room unit in Toa Payoh, with a remaining lease of 42 years, stands at an estimated value of $246,401, translating to $352 PSF. This valuation reveals a stable market condition, as indicated by a market price that reflects a 0% difference from the baseline. Such equilibrium suggests that the property is holding its value relative to similar units in the vicinity, which can be attributed to Toa Payoh's enduring appeal as a mature estate with comprehensive amenities and excellent connectivity.

Despite the favorable market signals, the model confidence for this valuation is categorized as low. This indicates potential volatility in the local market dynamics, which could be influenced by external factors such as changes in policy, economic conditions, or shifts in buyer sentiment. The valuation is derived from a careful analysis of 6 recent HDB resale transactions in the area, reflecting current market trends and buyer behavior. As the remaining lease diminishes, prospective buyers may begin to factor in the implications of leasehold length on future resale potential, warranting close monitoring of market developments in Toa Payoh.