3 Room (3STD) HDB for Sale in 69 Lorong 4 Toa Payoh

The HDB 3-room unit in Toa Payoh, with a remaining lease of 41 years, is currently estimated at a value of $229,883, which translates to a price per square foot (PSF) of $345. This valuation is notably positioned above the market baseline, reflecting a remarkable 71.8% difference when compared to similar properties within the area. Such a substantial premium suggests a unique market dynamic at play in this highly sought-after district, where demand has historically outstripped supply, driving values upwards.

However, it is important to note that the model confidence for this valuation is categorised as low, primarily due to the reliance on a limited dataset, with only one recent HDB resale transaction available for comparative analysis. This scarcity of data may indicate a potential volatility in the market sentiment, as fluctuations in resale activity can significantly impact the perceived value of properties in the vicinity. Investors and homeowners alike should be cognizant of these variables when considering transactions in Toa Payoh, as the prevailing market conditions may present both opportunities and risks in the acquisition of HDB properties.