Common Room (HDB) for Rent in 402B Lorong 1 Toa Payoh

The HDB 2-room unit in Toa Payoh, with a remaining lease of 98 years, presents a compelling investment opportunity with an estimated value of $83,882, translating to a price per square foot (PSF) of $699. This valuation is reflective of the current market dynamics, exhibiting a 0% difference from the baseline, indicating a stable pricing environment for HDB properties in this established precinct. The Toa Payoh area, known for its strategic location and rich community amenities, continues to attract a diverse demographic, enhancing the desirability of such units.

Our analysis is underpinned by a robust dataset comprising 46 recent HDB resale transactions in the vicinity, providing a solid foundation for the high model confidence rating. This data reflects sustained demand in the market, particularly for properties with long remaining leases like this one, which ensures potential owners enjoy both stability and value appreciation over time. As Singapore’s property landscape evolves, the enduring appeal of Toa Payoh, coupled with its well-connected transport links and vibrant community spaces, positions this HDB unit as a prudent choice for both homebuyers and investors alike.