Block 240 Lorong 1 Toa Payoh
Block 240 Lorong 1 Toa Payoh has 9 recorded HDB resale transactions since 2017. Latest sale: $1,068,888 (Feb 2024, executive, floors 07–09). Median $6,541/sqm. Built 1986, 61 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 |
|---|---|---|---|
| Executive | $3,700 typically $3,150–$4,650 | 4.4% | 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 |
|---|---|---|---|---|---|
| Feb 2024 | 07 TO 09 | EXECUTIVE | 146 sqm | $1,068,888 | $7,321 |
| Jun 2023 | 07 TO 09 | EXECUTIVE | 146 sqm | $1,050,000 | $7,192 |
| May 2023 | 01 TO 03 | EXECUTIVE | 146 sqm | $913,000 | $6,253 |
| Apr 2023 | 01 TO 03 | EXECUTIVE | 146 sqm | $900,000 | $6,164 |
| Jul 2022 | 04 TO 06 | EXECUTIVE | 146 sqm | $955,000 | $6,541 |
| Apr 2022 | 04 TO 06 | EXECUTIVE | 146 sqm | $968,000 | $6,630 |
| Feb 2022 | 07 TO 09 | EXECUTIVE | 146 sqm | $988,888 | $6,773 |
| Jul 2021 | 04 TO 06 | EXECUTIVE | 146 sqm | $938,000 | $6,425 |
| Aug 2020 | 01 TO 03 | EXECUTIVE | 146 sqm | $760,000 | $5,205 |
About Block 240 Lorong 1 Toa Payoh
Block 240 at Lorong 1 Toa Payoh is a residential HDB block in Toa Payoh, Singapore, built in 1986 with approximately 61 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $760,000 to $1,068,888 based on 9 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 07 TO 09 sold for $1,068,888 in 2024-02. The current median price per square metre is $6,541. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8805, with an annual lease decay rate of approximately 0.48%. 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 240 Lorong 1 Toa Payoh worth?
The most recent resale transaction at Block 240 Lorong 1 Toa Payoh was $1,068,888 for a executive flat in 2024-02. The median price per square metre across all flat types is $6,541, based on 9 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 240 Lorong 1 Toa Payoh?
Block 240 Lorong 1 Toa Payoh was built in 1986 and has approximately 61 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.48%, meaning the leasehold value decreases by approximately 0.48% per year at the current remaining lease.
What flat types are available at Block 240 Lorong 1 Toa Payoh?
Block 240 Lorong 1 Toa Payoh in Toa Payoh contains executive flats. Resale prices range from $760,000 to $1,068,888 based on historical transaction records from data.gov.sg.