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Block 124 Lorong 1 Toa Payoh

3 Room · Built 1970 · 42 years remaining lease MOP Cleared
Latest Sale
$400,000
Mar 2026 · 3 ROOM · Floor 04-06
Median $/sqm
$4,687
Based on 30 transactions
Total Transactions
30
Since Jan 2017
5-Year Trend
▲ +44.3%
Median price change
Median Price ?
Top 79%
#234 / 295 Top 79%
Latest Sale ?
Top 74%
#217 / 295 Top 74%
Value ($/sqm) ?
Top 82%
#241 / 295 Top 82%
5-Year Growth ?
Top 11%
#23 / 218 Top 11%
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
+7.6%/yr
vs
Lease Decay
−1.04%/yr
Growth assumption
Based on this block’s +44.3% 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 11 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
Mar 2026 04 TO 06 3 ROOM 67 sqm $400,000 $5,970
Oct 2025 04 TO 06 3 ROOM 67 sqm $372,000 $5,552
Dec 2024 04 TO 06 3 ROOM 67 sqm $400,000 $5,970
Nov 2024 04 TO 06 3 ROOM 67 sqm $375,000 $5,597
Sep 2024 07 TO 09 3 ROOM 67 sqm $398,000 $5,940
Aug 2024 04 TO 06 3 ROOM 67 sqm $335,000 $5,000
Aug 2024 04 TO 06 3 ROOM 67 sqm $350,000 $5,224
Jul 2024 10 TO 12 3 ROOM 67 sqm $343,888 $5,133
Jul 2024 04 TO 06 3 ROOM 67 sqm $345,000 $5,149
Apr 2024 07 TO 09 3 ROOM 67 sqm $363,000 $5,418
May 2023 04 TO 06 3 ROOM 67 sqm $368,000 $5,493
Apr 2023 07 TO 09 3 ROOM 67 sqm $335,000 $5,000
Dec 2022 01 TO 03 3 ROOM 67 sqm $328,000 $4,896
Jun 2022 04 TO 06 3 ROOM 67 sqm $328,000 $4,896
Oct 2021 07 TO 09 3 ROOM 67 sqm $308,000 $4,597
Aug 2021 04 TO 06 3 ROOM 67 sqm $260,000 $3,881
Apr 2021 07 TO 09 3 ROOM 67 sqm $260,000 $3,881
Jan 2021 07 TO 09 3 ROOM 67 sqm $275,000 $4,104
Oct 2020 07 TO 09 3 ROOM 67 sqm $278,000 $4,149
Oct 2020 04 TO 06 3 ROOM 67 sqm $260,000 $3,881
Showing 20 of 30 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 124 Lorong 1 Toa Payoh

Block 124 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 $230,000 to $400,000 based on 30 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $400,000 in 2026-03. The current median price per square metre is $4,687. Over the past five years, resale prices at this block have increased by approximately 44.3%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7715, 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 124 Lorong 1 Toa Payoh worth?

The most recent resale transaction at Block 124 Lorong 1 Toa Payoh was $400,000 for a 3 room flat in 2026-03. The median price per square metre across all flat types is $4,687, based on 30 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 124 Lorong 1 Toa Payoh?

Block 124 Lorong 1 Toa Payoh was built in 1970 and has approximately 42 years and 11 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 124 Lorong 1 Toa Payoh?

Block 124 Lorong 1 Toa Payoh in Toa Payoh contains 3 room flats. Resale prices range from $230,000 to $400,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 124 Lorong 1 Toa Payoh gone up or down?

Resale prices at Block 124 Lorong 1 Toa Payoh have increased by approximately 44.3% over the past five years. The current median price is $324,000, with the most recent sale at $400,000 in 2026-03.

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