4 Room (4A) HDB for Rent in 14 Lorong 7 Toa Payoh

The HDB 4 Room unit located in the highly sought-after Toa Payoh neighborhood is currently valued at approximately $475,842, translating to a price per square foot (PSF) of $417. This valuation reflects a stable market position, with a market price indicating no difference from the baseline. Toa Payoh, known for its rich heritage and central location, remains a desirable area for both homebuyers and investors alike. However, the remaining lease of 43 years is a critical factor that influences the property’s appeal and marketability, particularly in the context of Singapore's evolving housing landscape.

The valuation model's confidence is classified as low, primarily due to the limited data set, with only one recent HDB resale transaction in the vicinity providing a reference point. This scarcity of comparable transactions suggests that the current market dynamics may not fully capture the potential fluctuations in value that could arise from changes in demand or shifts in buyer sentiment. As the remaining lease period decreases, it is imperative for prospective buyers and investors to consider the implications on future resale potential, especially in a market where leasehold properties are subject to more scrutiny as they approach the end of their tenure.