5 Room (5STD) HDB for Sale in 217 Lorong 8 Toa Payoh

The valuation of the HDB 5-room unit in Toa Payoh, with a remaining lease of 48 years, stands at an estimated value of $741,438, translating to a price per square foot (PSF) of $579. This valuation is informed by a robust dataset of 284 recent HDB resale transactions within the vicinity, ensuring a high degree of accuracy and model confidence in the assessment.

The current market signal indicates a 1.2% difference from the baseline, reflecting a stable pricing trend in this sought-after district. Toa Payoh, known for its strategic location and established infrastructure, continues to attract buyers despite the diminishing lease period. The relatively short remaining lease of 48 years may present a consideration for potential buyers, yet the strong demand in the area underscores the resilience of HDB properties in this locale. As the market dynamics evolve, this valuation encapsulates the intersection of desirability, lease longevity, and current market conditions.