4-Room HDB for Room Rent: 146 Lorong 2 Toa Payoh

The valuation of the HDB 4 Room unit in Toa Payoh, with a remaining lease of 78 years, stands at an estimated value of $96,020, translating to a price per square foot (PSF) of $1,067. This valuation reflects a market price that indicates no deviation from the baseline, which suggests a stable demand and supply equilibrium in this distinguished locality. Toa Payoh, known for its strategic location and rich amenities, continues to hold its appeal among buyers, making it a significant focal point in the HDB resale market.

Our analysis is anchored on data derived from eight recent HDB resale transactions in the vicinity, providing a reliable snapshot of current market dynamics. With a model confidence rating categorized as medium, it is essential to consider that fluctuations in market sentiment may occur, influenced by broader economic conditions and housing policies. Nevertheless, the consistent valuation underscores the resilience of the Toa Payoh property market, especially for units with substantial remaining lease terms, which remain attractive to both investors and owner-occupiers alike.