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HDB · 310116

Blk 116 Lor 2 Toa Payoh

Project page · 99-year lease from 1970

Indicative value range
S$350,000 – S$378,185
Indicative mid S$358,000 · S$5,683 psm

Based on 7 sales in this block, last 12 months. Search did not need to widen. See the comparable sales.

No storey entered, so sales were not adjusted for height

Comparable sales

Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.

SoldWhereFloorSizePricePer sqmIndex ×Adjusted
Aug 2026Blk 11616 TO 1863 sqmS$358,000S$5,683 psm×1.000S$5,683 psm
Jun 2026Blk 11607 TO 0963 sqmS$355,000S$5,635 psm×1.000S$5,635 psm
Jun 2026Blk 11613 TO 1563 sqmS$345,000S$5,476 psm×1.000S$5,476 psm
Mar 2026Blk 11613 TO 1563 sqmS$335,000S$5,317 psm×0.997S$5,302 psm
Jan 2026Blk 11616 TO 1863 sqmS$360,000S$5,714 psm×0.997S$5,697 psm
Nov 2025Blk 11610 TO 1263 sqmS$399,000S$6,333 psm×0.996S$6,308 psm
Nov 2025Blk 11610 TO 1263 sqmS$420,000S$6,667 psm×0.996S$6,640 psm

How accurate is this estimate for Lor 2 Toa Payoh?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 75 sales in Lor 2 Toa Payoh since.

Median error
5.0%

Half the estimates came closer than this to what the home actually fetched, half missed by more.

What the rent says

What this flat earns against what it costs, set beside what homes like it earn.

10.06% gross yield

S$36,000 of rent a year against the estimate above · 0.3 points above flats like it

Homes like this rent for about S$3,000 a month, the middle of 25 approvals in the last year.

In Toa Payoh, flats of this type with 40 to 49 years of lease left yield 9.76%, from 40 blocks.

A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.

Recent rental approvals used

ApprovedBlockFlatRent a month
Sept 20261163 ROOMS$2,800
Aug 20261163 ROOMS$3,300
Aug 20261163 ROOMS$3,000
Aug 2026833 ROOMS$3,000
Aug 20261163 ROOMS$2,650
Jul 20261163 ROOMS$3,600
Jul 20261163 ROOMS$3,500
Jul 20261163 ROOMS$3,100

median of 25 HDB rental approvals for 3 ROOM on Lor 2 Toa Payoh since 2025-10.

Buying or selling at S$358,000?

Buying: Stamp duty on S$358,000 · Cash and CPF needed on S$358,000 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$358,000.

Each opens with this figure filled in; change anything there.

Primary schools near 116 Lor 2 Toa Payoh

Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.

Within about 1 km

1 to 2 km

Past transactions

Recorded sales
DateDetailAreaPricePer area
Aug 2026
Blk 116 · 3 ROOM · 16 TO 18 · Improved · 43 years left
63 sqmS$358,000S$5,683 psm
Jun 2026
Blk 116 · 3 ROOM · 13 TO 15 · Improved · 43 years left
63 sqmS$345,000S$5,476 psm
Jun 2026
Blk 116 · 3 ROOM · 07 TO 09 · Improved · 43 years left
63 sqmS$355,000S$5,635 psm
Mar 2026
Blk 116 · 3 ROOM · 13 TO 15 · Improved · 43 years left
63 sqmS$335,000S$5,317 psm
Jan 2026
Blk 116 · 3 ROOM · 16 TO 18 · Improved · 43 years left
63 sqmS$360,000S$5,714 psm
Nov 2025
Blk 116 · 3 ROOM · 10 TO 12 · Improved · 43 years left
63 sqmS$420,000S$6,667 psm
Nov 2025
Blk 116 · 3 ROOM · 10 TO 12 · Improved · 43 years left
63 sqmS$399,000S$6,333 psm
Oct 2025
Blk 116 · 3 ROOM · 04 TO 06 · Improved · 43 years left
72 sqmS$430,000S$5,972 psm
Sept 2025
Blk 116 · 3 ROOM · 13 TO 15 · Improved · 43 years left
72 sqmS$430,000S$5,972 psm
Aug 2025
Blk 116 · 3 ROOM · 10 TO 12 · Improved · 44 years left
72 sqmS$478,000S$6,639 psm
Aug 2025
Blk 116 · 3 ROOM · 16 TO 18 · Improved · 44 years left
63 sqmS$410,000S$6,508 psm
Jun 2025
Blk 116 · 3 ROOM · 16 TO 18 · Improved · 44 years left
63 sqmS$410,000S$6,508 psm
Apr 2025
Blk 116 · 3 ROOM · 16 TO 18 · Improved · 44 years left
63 sqmS$438,000S$6,952 psm
Feb 2025
Blk 116 · 3 ROOM · 13 TO 15 · Improved · 44 years left
63 sqmS$436,168S$6,923 psm
Oct 2024
Blk 116 · 3 ROOM · 13 TO 15 · Improved · 44 years left
72 sqmS$470,000S$6,528 psm
Oct 2024
Blk 116 · 3 ROOM · 13 TO 15 · Improved · 44 years left
63 sqmS$420,000S$6,667 psm
Oct 2024
Blk 116 · 3 ROOM · 04 TO 06 · Improved · 44 years left
63 sqmS$405,000S$6,429 psm
Jul 2024
Blk 116 · 3 ROOM · 07 TO 09 · Improved · 45 years left
63 sqmS$370,000S$5,873 psm
Jun 2024
Blk 116 · 3 ROOM · 13 TO 15 · Improved · 45 years left
63 sqmS$405,000S$6,429 psm
Apr 2024
Blk 116 · 3 ROOM · 19 TO 21 · Improved · 45 years left
excluded: outlier
62 sqmS$420,000S$6,774 psm
Feb 2024
Blk 116 · 3 ROOM · 16 TO 18 · Improved · 45 years left
72 sqmS$435,000S$6,042 psm
Feb 2024
Blk 116 · 3 ROOM · 10 TO 12 · Improved · 45 years left
63 sqmS$398,000S$6,317 psm
Feb 2024
Blk 116 · 3 ROOM · 19 TO 21 · Improved · 45 years left
63 sqmS$373,888S$5,935 psm
Nov 2023
Blk 116 · 3 ROOM · 04 TO 06 · Improved · 45 years left
62 sqmS$378,888S$6,111 psm
Oct 2023
Blk 116 · 3 ROOM · 16 TO 18 · Improved · 45 years left
excluded: outlier
62 sqmS$385,000S$6,210 psm
Sept 2023
Blk 116 · 3 ROOM · 07 TO 09 · Improved · 45 years left
63 sqmS$350,000S$5,556 psm
Sept 2023
Blk 116 · 3 ROOM · 13 TO 15 · Improved · 45 years left
62 sqmS$328,000S$5,290 psm
Aug 2023
Blk 116 · 3 ROOM · 13 TO 15 · Improved · 45 years left
63 sqmS$348,888S$5,538 psm
Aug 2023
Blk 116 · 3 ROOM · 01 TO 03 · Improved · 46 years left
63 sqmS$325,000S$5,159 psm
Aug 2023
Blk 116 · 3 ROOM · 13 TO 15 · Improved · 45 years left
63 sqmS$320,000S$5,079 psm
Apr 2023
Blk 116 · 3 ROOM · 07 TO 09 · Improved · 46 years left
62 sqmS$308,000S$4,968 psm
Mar 2023
Blk 116 · 3 ROOM · 10 TO 12 · Improved · 46 years left
63 sqmS$300,000S$4,762 psm
Jan 2023
Blk 116 · 3 ROOM · 13 TO 15 · Improved · 46 years left
63 sqmS$315,000S$5,000 psm
Jan 2023
Blk 116 · 3 ROOM · 04 TO 06 · Improved · 46 years left
62 sqmS$300,000S$4,839 psm
Dec 2022
Blk 116 · 3 ROOM · 07 TO 09 · Improved · 46 years left
72 sqmS$368,000S$5,111 psm
Nov 2022
Blk 116 · 3 ROOM · 16 TO 18 · Improved · 46 years left
63 sqmS$345,000S$5,476 psm
Oct 2022
Blk 116 · 3 ROOM · 10 TO 12 · Improved · 46 years left
63 sqmS$330,000S$5,238 psm
Jul 2022
Blk 116 · 3 ROOM · 13 TO 15 · Improved · 47 years left
63 sqmS$335,000S$5,317 psm
Jul 2022
Blk 116 · 3 ROOM · 13 TO 15 · Improved · 47 years left
63 sqmS$305,000S$4,841 psm
May 2022
Blk 116 · 3 ROOM · 07 TO 09 · Improved · 47 years left
63 sqmS$308,000S$4,889 psm
Feb 2022
Blk 116 · 3 ROOM · 07 TO 09 · Improved · 47 years left
62 sqmS$300,000S$4,839 psm
Jan 2022
Blk 116 · 3 ROOM · 16 TO 18 · Improved · 47 years left
excluded: outlier
63 sqmS$358,000S$5,683 psm
Jan 2022
Blk 116 · 3 ROOM · 13 TO 15 · Improved · 47 years left
63 sqmS$320,000S$5,079 psm
See more

Showing 43 of 154.

Sale prices as filed in caveats.

Where the lease takes this

About 42 years of the 99-year lease remain. Every figure below lets the lease run down on the decay measured from HDB resales in this market, then applies the price path in that column. The paths are scenarios to choose between, not forecasts.

From nowLease leftPrices flatPrices 2% a yearThis market's record, 3.64% a yearmeasuredPrices 4% a year
5 years37 yearsS$334,188S$368,971S$399,602S$406,591

On a flat market the lease alone costs 7% over 5 years. Prices would need to rise about 1.39% a year to cancel that out.

The measured column repeats what this market did between Q1 2015 and Q2 2026, which was 3.64% a year. Past growth is not a promise of future growth.

Horizons we have not measured are left out rather than guessed at, so a short lease shows fewer rows.

Indicative estimate from comparable caveats. Not a formal valuation.