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Block 121 Lorong 2 Toa Payoh

4 Room · 5 Room · Built 2002 · 75 years remaining lease MOP Cleared
Latest Sale
$1,146,000
Dec 2025 · 5 ROOM · Floor 10-12
Median $/sqm
$7,702
Based on 29 transactions
Total Transactions
29
Since Jan 2017
5-Year Trend
▲ +20.9%
Median price change
Median Price ?
Top 17%
#49 / 295 Top 17%
Latest Sale ?
Top 9%
#26 / 295 Top 9%
Value ($/sqm) ?
Top 14%
#41 / 295 Top 14%
5-Year Growth ?
Top 87%
#189 / 218 Top 87%
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
+3.9%/yr
vs
Lease Decay
−0.29%/yr
Growth assumption
Based on this block’s +20.9% 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 75 years remaining 99 years
75 years 2 months
Remaining lease
↓ 0.29%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 75 years remaining, decay is gradual (~0.29%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Dec 2025 10 TO 12 5 ROOM 122 sqm $1,146,000 $9,393
Sep 2025 07 TO 09 5 ROOM 122 sqm $1,160,000 $9,508
Sep 2025 22 TO 24 5 ROOM 126 sqm $1,250,000 $9,921
Jul 2025 10 TO 12 4 ROOM 101 sqm $880,000 $8,713
Jul 2025 25 TO 27 4 ROOM 101 sqm $958,000 $9,485
Jun 2025 16 TO 18 4 ROOM 101 sqm $935,000 $9,257
Aug 2023 22 TO 24 4 ROOM 101 sqm $935,000 $9,257
Mar 2023 19 TO 21 5 ROOM 124 sqm $1,030,000 $8,306
Feb 2023 19 TO 21 4 ROOM 101 sqm $848,000 $8,396
Jan 2023 19 TO 21 5 ROOM 124 sqm $999,000 $8,056
Nov 2022 13 TO 15 5 ROOM 122 sqm $995,000 $8,156
Sep 2022 13 TO 15 4 ROOM 101 sqm $810,000 $8,020
Feb 2022 07 TO 09 5 ROOM 124 sqm $955,000 $7,702
Aug 2021 16 TO 18 4 ROOM 100 sqm $750,000 $7,500
Mar 2021 28 TO 30 5 ROOM 126 sqm $990,000 $7,857
Nov 2020 28 TO 30 5 ROOM 124 sqm $970,000 $7,823
Sep 2020 01 TO 03 4 ROOM 101 sqm $550,000 $5,446
Aug 2020 28 TO 30 5 ROOM 126 sqm $969,000 $7,690
Feb 2020 04 TO 06 4 ROOM 101 sqm $625,000 $6,188
Feb 2020 04 TO 06 5 ROOM 122 sqm $765,000 $6,270
Showing 20 of 29 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 121 Lorong 2 Toa Payoh

Block 121 at Lorong 2 Toa Payoh is a residential HDB block in Toa Payoh, Singapore, built in 2002 with approximately 75 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $550,000 to $1,250,000 based on 29 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 10 TO 12 sold for $1,146,000 in 2025-12. The current median price per square metre is $7,702. Over the past five years, resale prices at this block have increased by approximately 20.9%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9247, with an annual lease decay rate of approximately 0.29%. 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 121 Lorong 2 Toa Payoh worth?

The most recent resale transaction at Block 121 Lorong 2 Toa Payoh was $1,146,000 for a 5 room flat in 2025-12. The median price per square metre across all flat types is $7,702, based on 29 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 121 Lorong 2 Toa Payoh?

Block 121 Lorong 2 Toa Payoh was built in 2002 and has approximately 75 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.29%, meaning the leasehold value decreases by approximately 0.29% per year at the current remaining lease.

What flat types are available at Block 121 Lorong 2 Toa Payoh?

Block 121 Lorong 2 Toa Payoh in Toa Payoh contains 4 room, 5 room flats. Resale prices range from $550,000 to $1,250,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 121 Lorong 2 Toa Payoh gone up or down?

Resale prices at Block 121 Lorong 2 Toa Payoh have increased by approximately 20.9% over the past five years. The current median price is $880,000, with the most recent sale at $1,146,000 in 2025-12.

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