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Block 120 Lorong 2 Toa Payoh

2 Room · Built 1968 · 41 years remaining lease MOP Cleared
Latest Sale
$295,000
Apr 2026 · 2 ROOM · Floor 04-06
Median $/sqm
$6,283
Based on 52 transactions
Total Transactions
52
Since Jan 2017
5-Year Trend
▲ +22.6%
Median price change
Median Price ?
Top 98%
#289 / 295 Top 98%
Latest Sale ?
Top 98%
#289 / 295 Top 98%
Value ($/sqm) ?
Top 30%
#88 / 295 Top 30%
5-Year Growth ?
Top 84%
#183 / 218 Top 84%
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
+4.2%/yr
vs
Lease Decay
−1.12%/yr
Growth assumption
Based on this block’s +22.6% 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 41 years remaining 99 years
41 years 3 months
Remaining lease
↓ 1.12%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 41 years remaining, decay is accelerating (~1.12%/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
Apr 2026 04 TO 06 2 ROOM 40 sqm $295,000 $7,375
Apr 2026 07 TO 09 2 ROOM 40 sqm $272,000 $6,800
Mar 2026 07 TO 09 2 ROOM 40 sqm $278,000 $6,950
Feb 2026 04 TO 06 2 ROOM 40 sqm $310,000 $7,750
Jan 2026 01 TO 03 2 ROOM 40 sqm $272,000 $6,800
May 2025 01 TO 03 2 ROOM 38 sqm $270,000 $7,105
May 2025 04 TO 06 2 ROOM 40 sqm $305,000 $7,625
Apr 2025 07 TO 09 2 ROOM 40 sqm $315,000 $7,875
Mar 2025 07 TO 09 2 ROOM 40 sqm $297,000 $7,425
Mar 2025 04 TO 06 2 ROOM 40 sqm $285,000 $7,125
Feb 2025 04 TO 06 2 ROOM 40 sqm $280,000 $7,000
Sep 2024 04 TO 06 2 ROOM 40 sqm $280,000 $7,000
Sep 2024 07 TO 09 2 ROOM 40 sqm $302,000 $7,550
Aug 2024 04 TO 06 2 ROOM 40 sqm $280,000 $7,000
Mar 2024 04 TO 06 2 ROOM 45 sqm $290,000 $6,444
Nov 2023 04 TO 06 2 ROOM 40 sqm $250,000 $6,250
Oct 2023 07 TO 09 2 ROOM 40 sqm $266,888 $6,672
Jul 2023 04 TO 06 2 ROOM 45 sqm $295,000 $6,556
Apr 2023 01 TO 03 2 ROOM 38 sqm $240,000 $6,316
Jan 2023 04 TO 06 2 ROOM 40 sqm $268,888 $6,722
Showing 20 of 52 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 120 Lorong 2 Toa Payoh

Block 120 at Lorong 2 Toa Payoh is a residential HDB block in Toa Payoh, Singapore, built in 1968 with approximately 41 years remaining on its 99-year lease. The block contains 2 room flats, with resale prices ranging from $181,000 to $315,000 based on 52 recorded transactions since January 2017. The most recent transaction was a 2 room flat on storeys 04 TO 06 sold for $295,000 in 2026-04. The current median price per square metre is $6,283. Over the past five years, resale prices at this block have increased by approximately 22.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7581, with an annual lease decay rate of approximately 1.12%. 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 120 Lorong 2 Toa Payoh worth?

The most recent resale transaction at Block 120 Lorong 2 Toa Payoh was $295,000 for a 2 room flat in 2026-04. The median price per square metre across all flat types is $6,283, based on 52 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 120 Lorong 2 Toa Payoh?

Block 120 Lorong 2 Toa Payoh was built in 1968 and has approximately 41 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.12%, meaning the leasehold value decreases by approximately 1.12% per year at the current remaining lease.

What flat types are available at Block 120 Lorong 2 Toa Payoh?

Block 120 Lorong 2 Toa Payoh in Toa Payoh contains 2 room flats. Resale prices range from $181,000 to $315,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 120 Lorong 2 Toa Payoh gone up or down?

Resale prices at Block 120 Lorong 2 Toa Payoh have increased by approximately 22.6% over the past five years. The current median price is $247,500, with the most recent sale at $295,000 in 2026-04.

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