Block 238 Lorong 1 Toa Payoh
Block 238 Lorong 1 Toa Payoh has 20 recorded HDB resale transactions since 2017. Latest sale: $1,008,000 (Jun 2025, 5 room, floors 10–12). Median $6,129/sqm. Prices up 37.6% over the past five years. Built 1986, 60 years lease remaining.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Toa Payoh average.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 4-Room | $3,650 typically $3,250–$4,000 | 4.4% | Toa Payoh avg · block too thin |
| 5-Room | $4,000 typically $3,600–$4,300 | 4.6% | Toa Payoh avg · block too thin |
This block is inside the 1 km Primary 1 priority zone for 1 popular school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Jun 2025 | 10 TO 12 | 5 ROOM | 123 sqm | $1,008,000 | $8,195 |
| May 2025 | 10 TO 12 | 4 ROOM | 103 sqm | $788,000 | $7,650 |
| Mar 2025 | 04 TO 06 | 4 ROOM | 103 sqm | $748,000 | $7,262 |
| Jan 2025 | 19 TO 21 | 4 ROOM | 103 sqm | $768,000 | $7,456 |
| Nov 2024 | 19 TO 21 | 4 ROOM | 103 sqm | $768,000 | $7,456 |
| May 2024 | 16 TO 18 | 4 ROOM | 103 sqm | $730,000 | $7,087 |
| Oct 2022 | 04 TO 06 | 5 ROOM | 123 sqm | $665,000 | $5,407 |
| Oct 2022 | 19 TO 21 | 5 ROOM | 120 sqm | $815,000 | $6,792 |
| Mar 2022 | 19 TO 21 | 5 ROOM | 120 sqm | $795,000 | $6,625 |
| Feb 2022 | 04 TO 06 | 4 ROOM | 103 sqm | $540,000 | $5,243 |
| May 2021 | 07 TO 09 | 5 ROOM | 120 sqm | $735,000 | $6,125 |
| Apr 2021 | 10 TO 12 | 5 ROOM | 120 sqm | $736,000 | $6,133 |
| Mar 2021 | 07 TO 09 | 5 ROOM | 123 sqm | $720,000 | $5,854 |
| Feb 2021 | 04 TO 06 | 5 ROOM | 120 sqm | $730,000 | $6,083 |
| Feb 2020 | 16 TO 18 | 5 ROOM | 120 sqm | $688,000 | $5,733 |
| Feb 2020 | 10 TO 12 | 5 ROOM | 120 sqm | $675,000 | $5,625 |
| Sep 2018 | 01 TO 03 | 4 ROOM | 103 sqm | $520,000 | $5,049 |
| Jul 2018 | 10 TO 12 | 5 ROOM | 120 sqm | $765,000 | $6,375 |
| Aug 2017 | 16 TO 18 | 5 ROOM | 120 sqm | $690,000 | $5,750 |
| Jun 2017 | 16 TO 18 | 5 ROOM | 120 sqm | $680,000 | $5,667 |
About Block 238 Lorong 1 Toa Payoh
Block 238 at Lorong 1 Toa Payoh is a residential HDB block in Toa Payoh, Singapore, built in 1986 with approximately 60 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $520,000 to $1,008,000 based on 20 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 10 TO 12 sold for $1,008,000 in 2025-06. The current median price per square metre is $6,129. Over the past five years, resale prices at this block have increased by approximately 37.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8738, with an annual lease decay rate of approximately 0.51%. 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 238 Lorong 1 Toa Payoh worth?
The most recent resale transaction at Block 238 Lorong 1 Toa Payoh was $1,008,000 for a 5 room flat in 2025-06. The median price per square metre across all flat types is $6,129, based on 20 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 238 Lorong 1 Toa Payoh?
Block 238 Lorong 1 Toa Payoh was built in 1986 and has approximately 60 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.51%, meaning the leasehold value decreases by approximately 0.51% per year at the current remaining lease.
What flat types are available at Block 238 Lorong 1 Toa Payoh?
Block 238 Lorong 1 Toa Payoh in Toa Payoh contains 4 room, 5 room flats. Resale prices range from $520,000 to $1,008,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 238 Lorong 1 Toa Payoh gone up or down?
Resale prices at Block 238 Lorong 1 Toa Payoh have increased by approximately 37.6% over the past five years. The current median price is $732,500, with the most recent sale at $1,008,000 in 2025-06.