Common Room (HDB) for Rent in 207 Toa Payoh North

The valuation of the 2-room HDB unit in Toa Payoh, with a remaining lease of 46 years, stands at an estimated value of $46,334, translating to a price per square foot (PSF) of $463. This valuation reflects a market price that is consistent with the baseline, indicating a neutral stance within the current market dynamics. The stability in pricing suggests that the local HDB market in Toa Payoh is currently experiencing equilibrium, with demand and supply effectively balancing each other.

However, the model confidence is rated as low, which is reflective of potential volatility in the area’s real estate landscape. This caution stems from the analysis of 7 recent resale transactions in the vicinity, which provide a limited dataset for robust predictive modeling. As the leasehold period decreases, considerations regarding the remaining lease become increasingly important to prospective buyers, potentially influencing future resale values. Investors and homeowners should remain vigilant to the evolving market conditions and leasehold considerations that may impact the attractiveness of such properties in the long term.