4-Room HDB for Room Rent: 147 Lorong 2 Toa Payoh

The valuation of the HDB 4 room unit in Toa Payoh, with a remaining lease of 77 years, is estimated at $160,911, translating to a price per square foot (PSF) of $1,149. This valuation is indicative of a stable market environment, as it reflects a market price that shows a 0% difference from the baseline, suggesting that the property is currently positioned at equilibrium with the surrounding market dynamics.

In analyzing the broader context of this valuation, it is essential to consider the implications of the remaining lease period. A 77-year lease remains attractive within the HDB market, as properties with longer leases typically maintain higher valuations. This particular unit benefits from the vibrancy of the Toa Payoh district, a mature estate known for its amenities and connectivity, which further bolsters its market appeal. The model confidence is rated as medium, based on eight recent HDB resale transactions in the vicinity, implying a fair degree of reliability in the valuation amidst current market fluctuations.