5 Room (5I) HDB for Rent in 36 Lorong 5 Toa Payoh

The valuation of the HDB 5 Room in Toa Payoh, with a remaining lease of 69 years, stands at an estimated value of $999,824, translating to a price per square foot (PSF) of $781. This price reflects a market signal characterized by a 0% difference from the baseline, indicating that the property is currently valued at the market equilibrium point. Such stability in pricing suggests that the demand for residential properties in this well-established enclave remains robust, despite the inherent volatility of the real estate market.

However, it is essential to note that the model confidence for this valuation is classified as low, which underscores the potential variability in market conditions and buyer sentiment. The valuation is supported by recent resale transactions within the vicinity, which provide a framework for comparative analysis. Investors and homeowners should consider the implications of the remaining lease period, as properties with shorter leases can experience depreciation in value over time, potentially influencing future resale opportunities. Given Toa Payoh's strategic location and amenities, its appeal as a residential choice persists, yet prospective buyers should remain vigilant to the dynamics of the HDB market and leasehold implications.