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HDB · 310120

Blk 120 Lor 2 Toa Payoh

Project page · 99-year lease from 1968

Indicative value range
S$269,648 – S$283,750
Indicative mid S$274,590 · S$6,865 psm

Based on 8 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
Oct 2026Blk 12004 TO 0640 sqmS$248,888S$6,222 psm×1.000S$6,222 psm
Aug 2026Blk 12004 TO 0640 sqmS$280,000S$7,000 psm×1.000S$7,000 psm
Jul 2026Blk 12004 TO 0640 sqmS$265,000S$6,625 psm×1.000S$6,625 psm
Apr 2026Blk 12007 TO 0940 sqmS$272,000S$6,800 psm×1.000S$6,800 psm
Apr 2026Blk 12004 TO 0640 sqmS$295,000S$7,375 psm×1.000S$7,375 psm
Mar 2026Blk 12007 TO 0940 sqmS$278,000S$6,950 psm×0.997S$6,930 psm
Feb 2026Blk 12004 TO 0640 sqmS$310,000S$7,750 psm×0.997S$7,727 psm
Jan 2026Blk 12001 TO 0340 sqmS$272,000S$6,800 psm×0.997S$6,780 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.

10.05% gross yield

S$27,600 of rent a year against the estimate above · 2.58 points above flats like it

Homes like this rent for about S$2,300 a month, the middle of 5 approvals in the last year.

Across Singapore these flats yield 7.47%, from 79 blocks. Too few blocks share this flat's remaining lease to measure that separately, so this figure covers every lease length.

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
Jul 20261202 ROOMS$2,300
Jun 20261202 ROOMS$2,500
Mar 20261202 ROOMS$2,500
Mar 20261202 ROOMS$2,300
Mar 20261202 ROOMS$2,000

median of 5 HDB rental approvals for 2 ROOM on Lor 2 Toa Payoh since 2025-10.

Buying or selling at S$274,590?

Buying: Stamp duty on S$274,590 · Cash and CPF needed on S$274,590 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$274,590.

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

Primary schools near 120 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
Oct 2026
Blk 120 · 2 ROOM · 04 TO 06 · Standard · 41 years left
40 sqmS$248,888S$6,222 psm
Aug 2026
Blk 120 · 2 ROOM · 04 TO 06 · Standard · 41 years left
40 sqmS$280,000S$7,000 psm
Jul 2026
Blk 120 · 2 ROOM · 04 TO 06 · Standard · 41 years left
40 sqmS$265,000S$6,625 psm
Apr 2026
Blk 120 · 2 ROOM · 04 TO 06 · Standard · 41 years left
40 sqmS$295,000S$7,375 psm
Apr 2026
Blk 120 · 2 ROOM · 07 TO 09 · Standard · 41 years left
40 sqmS$272,000S$6,800 psm
Mar 2026
Blk 120 · 2 ROOM · 07 TO 09 · Standard · 41 years left
40 sqmS$278,000S$6,950 psm
Feb 2026
Blk 120 · 2 ROOM · 04 TO 06 · Standard · 41 years left
40 sqmS$310,000S$7,750 psm
Jan 2026
Blk 120 · 2 ROOM · 01 TO 03 · Standard · 42 years left
40 sqmS$272,000S$6,800 psm
May 2025
Blk 120 · 2 ROOM · 04 TO 06 · Standard · 42 years left
40 sqmS$305,000S$7,625 psm
May 2025
Blk 120 · 2 ROOM · 01 TO 03 · Standard · 42 years left
38 sqmS$270,000S$7,105 psm
Apr 2025
Blk 120 · 2 ROOM · 07 TO 09 · Standard · 42 years left
40 sqmS$315,000S$7,875 psm
Mar 2025
Blk 120 · 2 ROOM · 04 TO 06 · Standard · 42 years left
40 sqmS$285,000S$7,125 psm
Mar 2025
Blk 120 · 2 ROOM · 07 TO 09 · Standard · 42 years left
40 sqmS$297,000S$7,425 psm
Feb 2025
Blk 120 · 2 ROOM · 04 TO 06 · Standard · 42 years left
40 sqmS$280,000S$7,000 psm
Sept 2024
Blk 120 · 2 ROOM · 07 TO 09 · Standard · 43 years left
40 sqmS$302,000S$7,550 psm
Sept 2024
Blk 120 · 2 ROOM · 04 TO 06 · Standard · 43 years left
40 sqmS$280,000S$7,000 psm
Aug 2024
Blk 120 · 2 ROOM · 04 TO 06 · Standard · 43 years left
40 sqmS$280,000S$7,000 psm
Mar 2024
Blk 120 · 2 ROOM · 04 TO 06 · Standard · 43 years left
45 sqmS$290,000S$6,444 psm
Nov 2023
Blk 120 · 2 ROOM · 04 TO 06 · Standard · 44 years left
40 sqmS$250,000S$6,250 psm
Oct 2023
Blk 120 · 2 ROOM · 07 TO 09 · Standard · 44 years left
40 sqmS$266,888S$6,672 psm
Jul 2023
Blk 120 · 2 ROOM · 04 TO 06 · Standard · 44 years left
45 sqmS$295,000S$6,556 psm
Apr 2023
Blk 120 · 2 ROOM · 01 TO 03 · Standard · 44 years left
excluded: outlier
38 sqmS$240,000S$6,316 psm
Jan 2023
Blk 120 · 2 ROOM · 01 TO 03 · Standard · 45 years left
40 sqmS$272,000S$6,800 psm
Jan 2023
Blk 120 · 2 ROOM · 04 TO 06 · Standard · 45 years left
40 sqmS$268,888S$6,722 psm
Dec 2022
Blk 120 · 2 ROOM · 01 TO 03 · Standard · 45 years left
40 sqmS$270,500S$6,763 psm
Nov 2022
Blk 120 · 2 ROOM · 07 TO 09 · Standard · 45 years left
40 sqmS$268,000S$6,700 psm
Aug 2022
Blk 120 · 2 ROOM · 01 TO 03 · Standard · 45 years left
40 sqmS$270,000S$6,750 psm
May 2022
Blk 120 · 2 ROOM · 04 TO 06 · Standard · 45 years left
40 sqmS$270,000S$6,750 psm
May 2022
Blk 120 · 2 ROOM · 01 TO 03 · Standard · 45 years left
40 sqmS$240,000S$6,000 psm
Mar 2022
Blk 120 · 2 ROOM · 01 TO 03 · Standard · 45 years left
40 sqmS$260,000S$6,500 psm
Feb 2022
Blk 120 · 2 ROOM · 01 TO 03 · Standard · 45 years left
excluded: outlier
38 sqmS$240,000S$6,316 psm
Dec 2021
Blk 120 · 2 ROOM · 04 TO 06 · Standard · 46 years left
40 sqmS$235,000S$5,875 psm
Nov 2021
Blk 120 · 2 ROOM · 07 TO 09 · Standard · 46 years left
45 sqmS$250,000S$5,556 psm
See more

Showing 33 of 122.

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$256,326S$283,005S$306,499S$311,860

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.