62 Lorong 4 Toa Payoh 310062, Boon Teck, Central Region, Singapore
$850,000
Discover this exceptional HDB apartment at 62 Lorong 4 Toa Payoh, a prime district D12 location that combines comfort, convenience, and potential. Priced at $850,000, this spacious home offers 1076 sqft of well-designed living space, perfect for families or those seeking a central residence. Featuring 3 bedrooms and 2 bathrooms, this property delivers a practical layout with ample room for personalization. The apartment is ideal for anyone looking to enjoy the vibrant Toa Payoh neighborhood, with easy access to key amenities and transportation. Situated just 0.61 km from Toa Payoh MRT Station (NS19) on the North South Line, commuting is a breeze. Educational institutions such as Kheng Cheng School and Pei Chun Public School are within 0.5 km, making it perfect for families with primary or secondary school children. For shopping and leisure, Toa Payoh Lorong 5 Blk 75 and Lorong 4 Blk 74 are just a short stroll away. The property comes with a virtually staged interior via AI, offering a vivid glimpse of its potential and helping you envision your future home. Act quickly properties in this sought-after location are in high demand! Dont miss this opportunity to own a centrally located, spacious home in Toa Payoh. Contact Kevin at 9474 XXXX today to arrange a viewing! - Price per square foot is approximately $790. Images are virtually staged for illustrative purposes.
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$360,946
S$335 psf
Asking Price
S$850,000
S$790 psf
vs Market
+135.5%
vs Last Done
+44.2%
Tenure
42 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Low
1 comps
Nearest MRT
Toa Payoh
614m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$548
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.600
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$335
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneNov 2025 | Blk 62 LOR 4 TOA PAYOH Floor 04 TO 06 | 1,076sqft | S$590,000 | ▲S$548 +63.6% vs FV | 99yr from 1999 |
Nov 2025 | Blk 62 LOR 4 TOA PAYOH Floor 04 TO 06 | 1,076sqft | S$590,000 | ▲S$548 +63.6% vs FV | 99yr from 1999 |
Blk 62 LOR 4 TOA PAYOH
Nov 2025 · Floor 04 TO 06
+63.6% vs FV
Blk 62 LOR 4 TOA PAYOH
Nov 2025 · Floor 04 TO 06
+63.6% vs FV
HELIOS AI Analysis
The HDB 4-room property in Toa Payoh, currently valued at $360,946, presents a compelling case of market dynamics influenced by its remaining lease of 42 years. Priced at approximately $335 per square foot, this valuation signals a significant deviation from the baseline, reflecting a notable 135.5% premium over typical market expectations. Such a substantial markup suggests that buyer sentiment in this area may be buoyed by Toa Payoh’s strategic location, extensive amenities, and the enduring desirability of HDB living in this mature estate.
However, it is essential to note that the model confidence for this valuation is classified as low, primarily due to the reliance on only one recent HDB resale transaction in the vicinity. This limited data pool may not adequately capture the current market trends or the true demand for HDB properties in this locale. Investors and buyers should exercise caution, considering the implications of the remaining lease period on future resale potential and market stability. As lease decay becomes a more prominent factor, understanding the interplay of these elements will be critical for making informed decisions in this evolving real estate landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.