5 Room (5I) HDB for Sale in 118 Lorong 1 Toa Payoh

In the heart of Toa Payoh, this valuation for a 5-room HDB unit presents a compelling case for potential investors and homeowners alike. With an estimated value of $491,887 (equating to $352 PSF), this property carries a significant market signal, indicating an above-market valuation with a notable 70.4% difference from the baseline. Such a disparity suggests that the property is currently positioned favorably within the local real estate landscape, although the model confidence level is low, derived from merely one recent resale transaction in the vicinity. This limited dataset may affect the reliability of the valuation, necessitating caution for prospective buyers.

Given the remaining lease of 41 years, this property still retains considerable appeal, particularly for those looking to secure a family-oriented living space in a well-established neighborhood. Toa Payoh is renowned for its strategic location, robust amenities, and vibrant community, which often drive demand for HDB units. However, potential buyers should be mindful of the implications of a decreasing lease term, as it could influence future resale value and financing options. Therefore, while the current valuation suggests a premium market position, ongoing analysis of market trends and lease dynamics will be essential for informed decision-making.