3 Room (3STD) HDB for Sale in 66 Lorong 4 Toa Payoh

This valuation report presents an analytical overview of a 3-room HDB property located in the esteemed Toa Payoh enclave, characterized by its strategic positioning and vibrant community. With a remaining lease of 41 years, the estimated value of this property stands at $232,118, translating to a price per square foot (PSF) of $337. This valuation reflects a market signal indicating an above-market position, showcasing a remarkable 68% difference from the baseline. Such a substantial premium suggests a heightened demand for HDB properties within this area, driven by Toa Payoh's established reputation as a desirable residential locale.

The model confidence for this valuation is assessed as high, underpinned by comprehensive data derived from 419 recent HDB resale transactions in the vicinity. This robust dataset not only enhances the reliability of the valuation but also underscores the competitive dynamics currently shaping the HDB market in Toa Payoh. Buyers and investors should note that the longevity of the lease, combined with the area's enduring appeal, positions this property as a compelling opportunity within Singapore's residential landscape. As such, strategic considerations around lease duration and market trends will be pivotal for stakeholders aiming for optimal investment outcomes.