3-Room HDB for Room Rent: 9 Lorong 7, Toa Payoh

The valuation of the HDB 3-room property in Toa Payoh, with a remaining lease of 43 years, stands at an estimated value of $92,278, translating to a price per square foot (PSF) of $369. This figure reflects a market signal indicating no deviation from the baseline, suggesting that the property is currently aligned with prevailing market trends. The stability in pricing may be indicative of a balanced supply and demand scenario within the Toa Payoh precinct, a well-established and sought-after residential area in Singapore.

However, it is essential to note that the model confidence for this valuation is rated as low. This uncertainty arises from the limited dataset provided by only four recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market dynamics. As the remaining lease period is a critical determinant in HDB valuations, prospective buyers should consider the implications of a 43-year lease on future resale potential and market desirability. In the current landscape, the interplay between lease duration, market sentiment, and local economic factors will significantly influence the long-term value retention of this property.