5 Room (5I) HDB for Sale in 8 Lorong 7 Toa Payoh

The valuation of this HDB 5-room unit in Toa Payoh, with a remaining lease of 42 years, stands at an estimated value of $708,362, translating to a competitive $499 per square foot (PSF). This valuation reflects a keen insight into the current market dynamics, as evidenced by the marginal 0.2% difference from the baseline market price. Such a slight deviation indicates a stable pricing environment and affirms the desirability of Toa Payoh as a prime residential area within Singapore.

With a robust model confidence rating of high, our analysis is grounded in the examination of 302 recent HDB resale transactions within the vicinity. This extensive dataset not only underscores the liquidity and demand for HDB properties in this locale but also highlights the sustained interest among potential buyers. The remaining lease of 42 years, while approaching the mid-point typical for HDB properties, continues to attract buyers who value the strategic location and community amenities that Toa Payoh offers. Overall, this valuation is a testament to the resilience of the HDB market in Singapore, particularly in well-established neighbourhoods.