4 Room (4A) HDB for Rent in 222 Lorong 8 Toa Payoh

The valuation of the HDB 4-room unit in Toa Payoh, with a remaining lease of 48 years, stands at an estimated value of $555,954, translating to a price per square foot (PSF) of $630. This valuation is particularly noteworthy as it reflects a market price that is in equilibrium, showcasing a 0% difference from the baseline. Such stability in pricing could indicate a well-balanced demand and supply dynamic within the Toa Payoh precinct, a highly sought-after residential area known for its strategic location and robust amenities.

With a model confidence rating classified as high, our analysis is underpinned by a comprehensive dataset derived from 500 recent HDB resale transactions in the vicinity. This extensive dataset ensures that the valuation is not only reflective of current market conditions but also accounts for the intrinsic value associated with the remaining lease period. In the context of HDB properties, the remaining lease plays a pivotal role in influencing market sentiment and buyer interest, especially as lease tenures shorten. The Toa Payoh market demonstrates resilience, which is likely to sustain the value of this property over the coming years, making it an appealing option for both investors and homebuyers alike.