3-Room HDB for Room Rent: 117 Lorong 1 Toa Payoh

HELIOS AI Analysis

<p>In the vibrant estate of Toa Payoh, the recent valuation of a 3-room HDB unit with a remaining lease of 40 years reflects a calculated estimated value of <strong>$61,394</strong>, translating to a price per square foot of <strong>$341</strong>. This valuation indicates a stable market position, as evidenced by a market price that shows a <strong>0% difference from the baseline</strong>. Such stability suggests a balanced demand and supply dynamic, particularly in a well-established and sought-after locale like Toa Payoh.</p> <p>The model confidence for this valuation is classified as <strong>high</strong>, bolstered by a comprehensive analysis of <strong>423 recent HDB resale transactions</strong> in the vicinity. This robust dataset enhances the reliability of the market signals, illustrating a consistent performance of HDB properties within this precinct. Furthermore, the remaining lease duration of 40 years positions this property within a favorable bracket for both homeowners and investors, as it balances affordability with potential for future appreciation in alignment with urban developments and infrastructural enhancements in the area.</p>