4-Room HDB for Room Rent: 154 Lorong 2 Toa Payoh

The valuation of the HDB 4-room unit in Toa Payoh, with a remaining lease of 72 years, stands at an estimated value of $118,754, translating to a price per square foot (PSF) of $848. This valuation reflects a market price that is aligned with the baseline, indicating a stable condition in the local property market. The strong model confidence, rated as high, is underpinned by an analysis of 58 recent HDB resale transactions within the vicinity, providing a solid empirical foundation for this assessment.

Toa Payoh, being one of Singapore's most iconic and mature residential estates, continues to attract demand due to its strategic location and robust community amenities. The remaining lease of 72 years is significant, as it offers prospective buyers a reasonable tenure while still being conducive for long-term investment. The current market dynamics suggest a balanced equilibrium, where demand is met by available supply, resulting in a market signal reflecting no significant deviation from baseline pricing. As such, this HDB unit represents a compelling opportunity for both owner-occupiers and investors looking to tap into the enduring value of Toa Payoh’s real estate landscape.