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, stands at an estimated value of $138,857, equating to a price per square foot (PSF) of $1,157. This figure reflects a market price that is in alignment with the baseline, indicating a stable demand within this sought-after precinct. The absence of any significant price deviation suggests that the property is effectively positioned within the current market landscape, appealing to both first-time buyers and investors looking for long-term value.

Analysis of recent market activity reveals a total of nine resale transactions in the vicinity, reinforcing the valuation's credibility and underscoring a medium level of confidence in the model. The Toa Payoh estate is renowned for its strategic location and robust infrastructure, making it a desirable choice for families and young professionals alike. As the remaining lease extends to 77 years, this property benefits from a substantial leasehold period, offering potential buyers a sense of security in their investment. Continued monitoring of market trends and lease dynamics will be crucial in assessing future value appreciation in this vibrant neighborhood.