Block 240 Lorong 1 Toa Payoh
Block 240 Lorong 1 Toa Payoh has 10 recorded HDB resale transactions since 2017. Latest sale: $970,000 (Oct 2026, executive, floors 01–03). Median $6,586/sqm. Prices up 3.4% over the past five years. Built 1986, 59 years lease remaining.
Blk 240 at $962K sits 73% above Toa Payoh's $555K town median, pricier than 90% of its 306 priced blocks. See all HDB prices in Toa Payoh →
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 | $3,900 typically $3,200–$4,500 | 4.8% | Toa Payoh avg · block too thin |
This block is inside the 1 km Primary 1 priority zone for 3 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- This home
- School within 1 km
- School 1–2 km
- 1km ring, top priority
- 2km ring, next tier
Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.
Other HDB blocks closest to Block 240 Lorong 1 Toa Payoh in Toa Payoh, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Oct 2026 | 01 TO 03 | EXECUTIVE | 146 sqm | $970,000 | $6,644 |
| 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
A flat at Block 240 Lorong 1 Toa Payoh in Toa Payoh has reached $1,068,888 (Feb 2024), putting it in the small group of HDB blocks that have crossed the million-dollar mark. Its median runs about 73% above the Toa Payoh median, ahead of around 90% of the town's blocks. It has a relatively light resale record, with 10 transactions since 2017 across executive flats priced from $760,000 to $1,068,888. The most recent transaction was an executive flat on storeys 01 TO 03 at $970,000 in Oct 2026, and the median works out to $6,586/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.8690, equivalent to roughly 0.53% of lease-value decay a year. All transaction data is sourced from data.gov.sg and 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 $970,000 for a executive flat in 2026-10. The median price per square metre across all flat types is $6,586, based on 10 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 59 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.53%, meaning the leasehold value decreases by approximately 0.53% 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.
Have HDB prices at Block 240 Lorong 1 Toa Payoh gone up or down?
Resale prices at Block 240 Lorong 1 Toa Payoh have increased by approximately 3.4% over the past five years. The current median price is $961,500, with the most recent sale at $970,000 in 2026-10.