Common Room (HDB) for Rent in 84 Lorong 2 Toa Payoh

This valuation report presents an analytical overview of a 2-room HDB unit located in the well-established precinct of Toa Payoh, currently valued at an estimated $139,803, which translates to a price per square foot (PSF) of $699. With a remaining lease of 75 years, this property is poised to attract interest from both first-time buyers and investors seeking a foothold in one of Singapore's mature residential markets. The high model confidence, supported by a robust dataset of 46 recent HDB resale transactions in the vicinity, underscores the reliability of the valuation.

The market signal indicates a 0% difference from the baseline, suggesting that the property's valuation is aligned with current market trends and pricing dynamics. This stability in valuation reflects the enduring appeal of Toa Payoh, known for its strategic location and accessibility, which continues to drive demand despite fluctuations in the wider real estate landscape. As the market evolves, the longevity of the remaining lease ensures that this HDB unit remains an attractive option for prospective homeowners and investors alike, maintaining its value in a competitive environment.