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Block 116 Lorong 2 Toa Payoh

3 Room · Built 1970 · 42 years remaining lease MOP Cleared
Latest Sale
$335,000
Mar 2026 · 3 ROOM · Floor 13-15
Median $/sqm
$5,095
Based on 66 transactions
Total Transactions
66
Since Jan 2017
5-Year Trend
▲ +44.8%
Median price change
Median Price ?
Top 77%
#228 / 295 Top 77%
Latest Sale ?
Top 94%
#277 / 295 Top 94%
Value ($/sqm) ?
Top 61%
#179 / 295 Top 61%
5-Year Growth ?
Top 10%
#21 / 218 Top 10%
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
+7.7%/yr
vs
Lease Decay
−1.04%/yr
Growth assumption
Based on this block’s +44.8% 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 42 years remaining 99 years
42 years 10 months
Remaining lease
↓ 1.04%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 42 years remaining, decay is accelerating (~1.04%/yr). It accelerates significantly below 40 years. Lease decay is approaching the rate where it offsets market appreciation.
All Transactions
Date Floor Type Area Price $/sqm
Mar 2026 13 TO 15 3 ROOM 63 sqm $335,000 $5,317
Jan 2026 16 TO 18 3 ROOM 63 sqm $360,000 $5,714
Nov 2025 10 TO 12 3 ROOM 63 sqm $399,000 $6,333
Nov 2025 10 TO 12 3 ROOM 63 sqm $420,000 $6,667
Oct 2025 04 TO 06 3 ROOM 72 sqm $430,000 $5,972
Sep 2025 13 TO 15 3 ROOM 72 sqm $430,000 $5,972
Aug 2025 16 TO 18 3 ROOM 63 sqm $410,000 $6,508
Aug 2025 10 TO 12 3 ROOM 72 sqm $478,000 $6,639
Jun 2025 16 TO 18 3 ROOM 63 sqm $410,000 $6,508
Apr 2025 16 TO 18 3 ROOM 63 sqm $438,000 $6,952
Feb 2025 13 TO 15 3 ROOM 63 sqm $436,168 $6,923
Oct 2024 04 TO 06 3 ROOM 63 sqm $405,000 $6,429
Oct 2024 13 TO 15 3 ROOM 63 sqm $420,000 $6,667
Oct 2024 13 TO 15 3 ROOM 72 sqm $470,000 $6,528
Jul 2024 07 TO 09 3 ROOM 63 sqm $370,000 $5,873
Jun 2024 13 TO 15 3 ROOM 63 sqm $405,000 $6,429
Apr 2024 19 TO 21 3 ROOM 62 sqm $420,000 $6,774
Feb 2024 19 TO 21 3 ROOM 63 sqm $373,888 $5,935
Feb 2024 10 TO 12 3 ROOM 63 sqm $398,000 $6,317
Feb 2024 16 TO 18 3 ROOM 72 sqm $435,000 $6,042
Showing 20 of 66 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 116 Lorong 2 Toa Payoh

Block 116 at Lorong 2 Toa Payoh is a residential HDB block in Toa Payoh, Singapore, built in 1970 with approximately 42 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $240,000 to $478,000 based on 66 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 13 TO 15 sold for $335,000 in 2026-03. The current median price per square metre is $5,095. Over the past five years, resale prices at this block have increased by approximately 44.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7709, with an annual lease decay rate of approximately 1.04%. 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 116 Lorong 2 Toa Payoh worth?

The most recent resale transaction at Block 116 Lorong 2 Toa Payoh was $335,000 for a 3 room flat in 2026-03. The median price per square metre across all flat types is $5,095, based on 66 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 116 Lorong 2 Toa Payoh?

Block 116 Lorong 2 Toa Payoh was built in 1970 and has approximately 42 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.04%, meaning the leasehold value decreases by approximately 1.04% per year at the current remaining lease.

What flat types are available at Block 116 Lorong 2 Toa Payoh?

Block 116 Lorong 2 Toa Payoh in Toa Payoh contains 3 room flats. Resale prices range from $240,000 to $478,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 116 Lorong 2 Toa Payoh gone up or down?

Resale prices at Block 116 Lorong 2 Toa Payoh have increased by approximately 44.8% over the past five years. The current median price is $329,000, with the most recent sale at $335,000 in 2026-03.

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