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Block 238 Lorong 1 Toa Payoh

4 Room · 5 Room · Built 1986 · 60 years remaining lease MOP Cleared
Latest Sale
$1,008,000
Jun 2025 · 5 ROOM · Floor 10-12
Median $/sqm
$6,129
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +37.6%
Median price change
Median Price ?
Top 30%
#89 / 295 Top 30%
Latest Sale ?
Top 16%
#48 / 295 Top 16%
Value ($/sqm) ?
Top 32%
#94 / 295 Top 32%
5-Year Growth ?
Top 28%
#62 / 218 Top 28%
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
+6.6%/yr
vs
Lease Decay
−0.51%/yr
Growth assumption
Based on this block’s +37.6% 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 60 years remaining 99 years
60 years 2 months
Remaining lease
↓ 0.51%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 60 years remaining, decay is gradual (~0.51%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
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
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

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.

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