4 Room HDB for Rent in 154 Lorong 2 Toa Payoh

In the competitive landscape of Singapore's real estate market, the valuation of this 4-room HDB unit in Toa Payoh reflects a nuanced understanding of both local dynamics and broader economic trends. With a remaining lease of 72 years, this property is positioned strategically within a well-established neighborhood, which is often sought after due to its accessibility and amenities. The estimated value of $915,256, translating to $851 per square foot, showcases a firm adherence to recent market trends, as indicated by the 0% difference from baseline market prices. This stability suggests a balanced demand and supply scenario, affirming the desirability of Toa Payoh as a residential hub.

The high model confidence rating, supported by an analysis of 59 recent HDB resale transactions in the vicinity, underscores the reliability of this valuation. The data indicates that properties with similar lease durations and characteristics have maintained their value, reflecting a robust market sentiment in this locale. As such, potential buyers and investors can approach this valuation with a sense of assurance, recognizing that Toa Payoh continues to exemplify a blend of heritage and modern living, making it an attractive option in Singapore’s evolving real estate landscape.