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HDB · 310118

Blk 118 Lor 1 Toa Payoh

Project page · 99-year lease from 1968

Indicative value range
S$360,000 – S$398,429
Indicative mid S$388,850 · S$5,982 psm

Based on 5 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
Sept 2026Blk 11801 TO 0365 sqmS$360,000S$5,538 psm×1.000S$5,538 psm
Aug 2026Blk 11804 TO 0665 sqmS$350,000S$5,385 psm×1.000S$5,385 psm
Mar 2026Blk 11810 TO 1265 sqmS$390,000S$6,000 psm×0.997S$5,982 psm
Jan 2026Blk 11807 TO 0965 sqmS$400,000S$6,154 psm×0.997S$6,136 psm
Nov 2025Blk 11807 TO 0965 sqmS$400,000S$6,154 psm×0.996S$6,130 psm

How accurate is this estimate for Lor 1 Toa Payoh?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 139 sales in Lor 1 Toa Payoh since.

Median error
5.6%

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.

9.26% gross yield

S$36,000 of rent a year against the estimate above · 0.5 points below flats like it

Homes like this rent for about S$3,000 a month, the middle of 219 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 2026131A3 ROOMS$3,600
Sept 20261113 ROOMS$3,500
Sept 20261583 ROOMS$3,300
Sept 20261583 ROOMS$3,200
Sept 20261103 ROOMS$3,200
Sept 20261133 ROOMS$3,150
Sept 20261573 ROOMS$3,000
Sept 20261283 ROOMS$2,900

median of 219 HDB rental approvals for 3 ROOM on Lor 1 Toa Payoh since 2025-10.

Buying or selling at S$388,850?

Buying: Stamp duty on S$388,850 · Cash and CPF needed on S$388,850 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$388,850.

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

Primary schools near 118 Lor 1 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
Sept 2026
Blk 118 · 3 ROOM · 01 TO 03 · Improved · 41 years left
65 sqmS$360,000S$5,538 psm
Aug 2026
Blk 118 · 3 ROOM · 04 TO 06 · Improved · 41 years left
65 sqmS$350,000S$5,385 psm
Mar 2026
Blk 118 · 3 ROOM · 10 TO 12 · Improved · 41 years left
65 sqmS$390,000S$6,000 psm
Feb 2026
Blk 118 · 5 ROOM · 07 TO 09 · Adjoined flat · 41 years left
130 sqmS$800,000S$6,154 psm
Jan 2026
Blk 118 · 3 ROOM · 07 TO 09 · Improved · 42 years left
65 sqmS$400,000S$6,154 psm
Nov 2025
Blk 118 · 3 ROOM · 07 TO 09 · Improved · 42 years left
65 sqmS$400,000S$6,154 psm
Oct 2025
Blk 118 · 3 ROOM · 04 TO 06 · Improved · 42 years left
65 sqmS$338,888S$5,214 psm
Sept 2025
Blk 118 · 3 ROOM · 01 TO 03 · Improved · 42 years left
65 sqmS$355,888S$5,475 psm
Dec 2024
Blk 118 · 3 ROOM · 01 TO 03 · Improved · 43 years left
65 sqmS$350,000S$5,385 psm
Oct 2024
Blk 118 · 3 ROOM · 01 TO 03 · Improved · 43 years left
64 sqmS$360,000S$5,625 psm
Apr 2024
Blk 118 · 3 ROOM · 07 TO 09 · Improved · 43 years left
65 sqmS$365,000S$5,615 psm
Sept 2023
Blk 118 · 3 ROOM · 04 TO 06 · Improved · 44 years left
65 sqmS$370,000S$5,692 psm
Feb 2023
Blk 118 · 3 ROOM · 07 TO 09 · Improved · 44 years left
65 sqmS$388,000S$5,969 psm
Aug 2022
Blk 118 · 3 ROOM · 04 TO 06 · Improved · 45 years left
65 sqmS$324,000S$4,985 psm
Oct 2021
Blk 118 · 3 ROOM · 07 TO 09 · Improved · 46 years left
65 sqmS$310,000S$4,769 psm
See more

Showing 15 of 50.

Sale prices as filed in caveats.

Where the lease takes this

About 40 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 years35 yearsS$362,986S$400,765S$434,037S$441,627

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.