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Block 98 Lorong 1 Toa Payoh

3 Room · Built 1970 · 43 years remaining lease · Updated Jan 2026 MOP Cleared

Block 98 Lorong 1 Toa Payoh has 38 recorded HDB resale transactions since 2017. Latest sale: $385,000 (Jan 2026, 3 room, floors 16–18). Median $4,801/sqm. Prices up 42.1% over the past five years. Built 1970, 43 years lease remaining.

Latest Sale
$385,000
Jan 2026 · 3 ROOM · Floor 16-18
Median $/sqm
$4,801
Based on 38 transactions
Total Transactions
38
Since Jan 2017
5-Year Trend
▲ +42.1%
Median price change
Median Price ?
Top 76%
#226 / 296 Top 76%
Latest Sale ?
Top 76%
#225 / 296 Top 76%
Value ($/sqm) ?
Top 75%
#222 / 296 Top 75%
5-Year Growth ?
Top 12%
#26 / 220 Top 12%
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
+7.3%/yr
vs
Lease Decay
−1.03%/yr
Growth assumption
Based on this block’s +42.1% 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 43 years remaining 99 years
43 years
Remaining lease
↓ 1.03%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 43 years remaining, decay is accelerating (~1.03%/yr). It accelerates significantly below 40 years. Lease decay is approaching the rate where it offsets market appreciation.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $2,975 typically $2,800–$3,000 8.8% 12 rentals here
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

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.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
All Transactions
Date Floor Type Area Price $/sqm
Jan 2026 16 TO 18 3 ROOM 68 sqm $385,000 $5,662
Oct 2025 07 TO 09 3 ROOM 68 sqm $405,000 $5,956
Aug 2025 01 TO 03 3 ROOM 68 sqm $380,000 $5,588
Aug 2025 10 TO 12 3 ROOM 68 sqm $425,000 $6,250
Jul 2025 16 TO 18 3 ROOM 68 sqm $416,000 $6,118
May 2025 01 TO 03 3 ROOM 68 sqm $393,000 $5,779
Jan 2025 10 TO 12 3 ROOM 68 sqm $416,000 $6,118
Dec 2024 01 TO 03 3 ROOM 68 sqm $380,000 $5,588
Mar 2024 13 TO 15 3 ROOM 68 sqm $380,888 $5,601
Feb 2024 10 TO 12 3 ROOM 68 sqm $390,000 $5,735
Jan 2024 01 TO 03 3 ROOM 68 sqm $350,000 $5,147
Jan 2024 16 TO 18 3 ROOM 68 sqm $365,000 $5,368
Sep 2023 07 TO 09 3 ROOM 68 sqm $330,000 $4,853
Aug 2023 04 TO 06 3 ROOM 68 sqm $325,000 $4,779
Jul 2023 07 TO 09 3 ROOM 68 sqm $365,000 $5,368
May 2023 01 TO 03 3 ROOM 68 sqm $335,000 $4,926
Mar 2023 10 TO 12 3 ROOM 68 sqm $370,000 $5,441
Feb 2023 01 TO 03 3 ROOM 68 sqm $328,000 $4,824
Nov 2022 01 TO 03 3 ROOM 68 sqm $310,000 $4,559
Sep 2022 10 TO 12 3 ROOM 68 sqm $325,000 $4,779
Showing 20 of 38 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 98 Lorong 1 Toa Payoh

Block 98 at Lorong 1 Toa Payoh is a residential HDB block in Toa Payoh, Singapore, built in 1970 with approximately 43 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $225,000 to $430,000 based on 38 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 16 TO 18 sold for $385,000 in 2026-01. The current median price per square metre is $4,801. Over the past five years, resale prices at this block have increased by approximately 42.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7722, with an annual lease decay rate of approximately 1.03%. 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 98 Lorong 1 Toa Payoh worth?

The most recent resale transaction at Block 98 Lorong 1 Toa Payoh was $385,000 for a 3 room flat in 2026-01. The median price per square metre across all flat types is $4,801, based on 38 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 98 Lorong 1 Toa Payoh?

Block 98 Lorong 1 Toa Payoh was built in 1970 and has approximately 43 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.03%, meaning the leasehold value decreases by approximately 1.03% per year at the current remaining lease.

What flat types are available at Block 98 Lorong 1 Toa Payoh?

Block 98 Lorong 1 Toa Payoh in Toa Payoh contains 3 room flats. Resale prices range from $225,000 to $430,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 98 Lorong 1 Toa Payoh gone up or down?

Resale prices at Block 98 Lorong 1 Toa Payoh have increased by approximately 42.1% over the past five years. The current median price is $332,500, with the most recent sale at $385,000 in 2026-01.

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