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Block 118 Lorong 1 Toa Payoh

3 Room · 5 Room · Built 1968 · 41 years remaining lease MOP Cleared
Latest Sale
$390,000
Mar 2026 · 3 ROOM · Floor 10-12
Median $/sqm
$5,231
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
▲ +30%
Median price change
Median Price ?
Top 74%
#217 / 295 Top 74%
Latest Sale ?
Top 76%
#223 / 295 Top 76%
Value ($/sqm) ?
Top 56%
#164 / 295 Top 56%
5-Year Growth ?
Top 56%
#121 / 218 Top 56%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
Future Value Projection
Market Appreciation
+5.4%/yr
vs
Lease Decay
−1.11%/yr
Growth assumption
Based on this block’s +30% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 41 years remaining 99 years
41 years 4 months
Remaining lease
↓ 1.11%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 41 years remaining, decay is accelerating (~1.11%/yr). It accelerates significantly below 40 years. Lease decay is approaching the rate where it offsets market appreciation.
All Transactions
Date Floor Type Area Price $/sqm
Mar 2026 10 TO 12 3 ROOM 65 sqm $390,000 $6,000
Feb 2026 07 TO 09 5 ROOM 130 sqm $800,000 $6,154
Jan 2026 07 TO 09 3 ROOM 65 sqm $400,000 $6,154
Nov 2025 07 TO 09 3 ROOM 65 sqm $400,000 $6,154
Oct 2025 04 TO 06 3 ROOM 65 sqm $338,888 $5,214
Sep 2025 01 TO 03 3 ROOM 65 sqm $355,888 $5,475
Dec 2024 01 TO 03 3 ROOM 65 sqm $350,000 $5,385
Oct 2024 01 TO 03 3 ROOM 64 sqm $360,000 $5,625
Apr 2024 07 TO 09 3 ROOM 65 sqm $365,000 $5,615
Sep 2023 04 TO 06 3 ROOM 65 sqm $370,000 $5,692
Feb 2023 07 TO 09 3 ROOM 65 sqm $388,000 $5,969
Aug 2022 04 TO 06 3 ROOM 65 sqm $324,000 $4,985
Oct 2021 07 TO 09 3 ROOM 65 sqm $310,000 $4,769
Jan 2021 04 TO 06 3 ROOM 65 sqm $290,000 $4,462
Jun 2020 04 TO 06 3 ROOM 65 sqm $340,000 $5,231
Jan 2020 01 TO 03 3 ROOM 64 sqm $235,000 $3,672
Jul 2019 01 TO 03 3 ROOM 64 sqm $233,000 $3,641
Jul 2019 10 TO 12 3 ROOM 65 sqm $280,000 $4,308
Dec 2018 04 TO 06 3 ROOM 65 sqm $240,000 $3,692
Jun 2018 04 TO 06 3 ROOM 65 sqm $283,000 $4,354
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 118 Lorong 1 Toa Payoh

Block 118 at Lorong 1 Toa Payoh is a residential HDB block in Toa Payoh, Singapore, built in 1968 with approximately 41 years remaining on its 99-year lease. The block contains 3 room, 5 room flats, with resale prices ranging from $233,000 to $800,000 based on 21 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 10 TO 12 sold for $390,000 in 2026-03. The current median price per square metre is $5,231. Over the past five years, resale prices at this block have increased by approximately 30%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7588, with an annual lease decay rate of approximately 1.11%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 118 Lorong 1 Toa Payoh worth?

The most recent resale transaction at Block 118 Lorong 1 Toa Payoh was $390,000 for a 3 room flat in 2026-03. The median price per square metre across all flat types is $5,231, based on 21 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 118 Lorong 1 Toa Payoh?

Block 118 Lorong 1 Toa Payoh was built in 1968 and has approximately 41 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.11%, meaning the leasehold value decreases by approximately 1.11% per year at the current remaining lease.

What flat types are available at Block 118 Lorong 1 Toa Payoh?

Block 118 Lorong 1 Toa Payoh in Toa Payoh contains 3 room, 5 room flats. Resale prices range from $233,000 to $800,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 118 Lorong 1 Toa Payoh gone up or down?

Resale prices at Block 118 Lorong 1 Toa Payoh have increased by approximately 30% over the past five years. The current median price is $340,000, with the most recent sale at $390,000 in 2026-03.

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