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Block 123 Lorong 1 Toa Payoh

3 Room · Built 1970 · 42 years remaining lease MOP Cleared
Latest Sale
$420,000
Apr 2026 · 3 ROOM · Floor 04-06
Median $/sqm
$4,896
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
▲ +24.5%
Median price change
Median Price ?
Top 78%
#229 / 295 Top 78%
Latest Sale ?
Top 68%
#200 / 295 Top 68%
Value ($/sqm) ?
Top 71%
#208 / 295 Top 71%
5-Year Growth ?
Top 80%
#175 / 218 Top 80%
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
+4.5%/yr
vs
Lease Decay
−1.04%/yr
Growth assumption
Based on this block’s +24.5% 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 42 years remaining 99 years
42 years 10 months
Remaining lease
↓ 1.04%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 42 years remaining, decay is accelerating (~1.04%/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
Apr 2026 04 TO 06 3 ROOM 79 sqm $420,000 $5,316
Aug 2025 07 TO 09 3 ROOM 67 sqm $415,000 $6,194
Jun 2025 04 TO 06 3 ROOM 67 sqm $370,888 $5,536
Mar 2025 01 TO 03 3 ROOM 67 sqm $380,000 $5,672
Feb 2025 07 TO 09 3 ROOM 67 sqm $398,000 $5,940
Jan 2025 07 TO 09 3 ROOM 79 sqm $428,000 $5,418
Nov 2024 07 TO 09 3 ROOM 67 sqm $410,000 $6,119
Oct 2022 04 TO 06 3 ROOM 67 sqm $328,000 $4,896
Sep 2022 07 TO 09 3 ROOM 67 sqm $339,000 $5,060
Mar 2022 07 TO 09 3 ROOM 67 sqm $330,000 $4,925
Dec 2021 10 TO 12 3 ROOM 67 sqm $348,000 $5,194
Sep 2021 10 TO 12 3 ROOM 67 sqm $282,000 $4,209
Apr 2021 04 TO 06 3 ROOM 67 sqm $310,000 $4,627
Mar 2021 04 TO 06 3 ROOM 67 sqm $343,000 $5,119
Dec 2020 01 TO 03 3 ROOM 67 sqm $268,888 $4,013
Oct 2020 10 TO 12 3 ROOM 67 sqm $278,000 $4,149
Dec 2019 07 TO 09 3 ROOM 67 sqm $272,000 $4,060
May 2019 07 TO 09 3 ROOM 67 sqm $262,000 $3,910
Dec 2018 07 TO 09 3 ROOM 67 sqm $285,000 $4,254
Nov 2018 04 TO 06 3 ROOM 67 sqm $245,000 $3,657
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 123 Lorong 1 Toa Payoh

Block 123 at Lorong 1 Toa Payoh is a residential HDB block in Toa Payoh, Singapore, built in 1970 with approximately 42 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $245,000 to $428,000 based on 23 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $420,000 in 2026-04. The current median price per square metre is $4,896. Over the past five years, resale prices at this block have increased by approximately 24.5%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7709, with an annual lease decay rate of approximately 1.04%. 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 123 Lorong 1 Toa Payoh worth?

The most recent resale transaction at Block 123 Lorong 1 Toa Payoh was $420,000 for a 3 room flat in 2026-04. The median price per square metre across all flat types is $4,896, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 123 Lorong 1 Toa Payoh?

Block 123 Lorong 1 Toa Payoh was built in 1970 and has approximately 42 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.04%, meaning the leasehold value decreases by approximately 1.04% per year at the current remaining lease.

What flat types are available at Block 123 Lorong 1 Toa Payoh?

Block 123 Lorong 1 Toa Payoh in Toa Payoh contains 3 room flats. Resale prices range from $245,000 to $428,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 123 Lorong 1 Toa Payoh gone up or down?

Resale prices at Block 123 Lorong 1 Toa Payoh have increased by approximately 24.5% over the past five years. The current median price is $328,000, with the most recent sale at $420,000 in 2026-04.

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