3 Room (3I) HDB for Rent in 128 Lorong 1 Toa Payoh

The valuation of the HDB 3-room unit in Toa Payoh, with a remaining lease of 41 years, stands at an estimated value of $240,710, translating to a price per square foot (PSF) of $334. This valuation reflects a stable market condition, with a market price showing a 0% difference from the baseline. Such stability suggests that the property is currently positioned in line with buyer expectations and prevailing market trends, which can be attributed to the area's enduring appeal and accessibility.

However, it is crucial to note the model confidence level is categorized as low, indicating potential fluctuations in valuation due to limited transactional data. This analysis is based on only two recent HDB resale transactions in the vicinity, which may not fully represent the overall market dynamics in Toa Payoh. As the remaining lease is a significant factor influencing future resale value, prospective buyers should consider the implications of the 41-year lease term, particularly in the context of Singapore's evolving property landscape.