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Block 38 Lorong 5 Toa Payoh

3 Room · 5 Room · Built 1970 · 42 years remaining lease MOP Cleared
Latest Sale
$363,000
Mar 2026 · 3 ROOM · Floor 04-06
Median $/sqm
$4,328
Based on 37 transactions
Total Transactions
37
Since Jan 2017
5-Year Trend
▲ +31.8%
Median price change
Median Price ?
Top 87%
#257 / 295 Top 87%
Latest Sale ?
Top 84%
#249 / 295 Top 84%
Value ($/sqm) ?
Top 95%
#279 / 295 Top 95%
5-Year Growth ?
Top 50%
#109 / 218 Top 50%
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
+5.7%/yr
vs
Lease Decay
−1.04%/yr
Growth assumption
Based on this block’s +31.8% 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 04 TO 06 3 ROOM 67 sqm $363,000 $5,418
Nov 2025 10 TO 12 3 ROOM 67 sqm $375,000 $5,597
Nov 2025 10 TO 12 3 ROOM 67 sqm $360,000 $5,373
May 2025 04 TO 06 3 ROOM 67 sqm $375,000 $5,597
Oct 2024 04 TO 06 3 ROOM 67 sqm $372,000 $5,552
Aug 2024 10 TO 12 3 ROOM 67 sqm $340,000 $5,075
May 2024 04 TO 06 3 ROOM 77 sqm $370,000 $4,805
Jan 2024 01 TO 03 3 ROOM 67 sqm $315,000 $4,701
Jul 2023 04 TO 06 3 ROOM 67 sqm $328,000 $4,896
May 2023 10 TO 12 3 ROOM 67 sqm $325,000 $4,851
Oct 2022 10 TO 12 3 ROOM 67 sqm $310,000 $4,627
Sep 2022 04 TO 06 3 ROOM 67 sqm $320,000 $4,776
May 2022 01 TO 03 3 ROOM 67 sqm $293,000 $4,373
Apr 2022 01 TO 03 3 ROOM 67 sqm $290,000 $4,328
Feb 2022 07 TO 09 3 ROOM 67 sqm $285,000 $4,254
Oct 2021 01 TO 03 3 ROOM 67 sqm $276,888 $4,133
Aug 2021 07 TO 09 3 ROOM 67 sqm $295,000 $4,403
Jun 2021 10 TO 12 3 ROOM 67 sqm $280,000 $4,179
May 2021 01 TO 03 3 ROOM 67 sqm $275,000 $4,104
May 2021 07 TO 09 3 ROOM 67 sqm $300,000 $4,478
Showing 20 of 37 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 38 Lorong 5 Toa Payoh

Block 38 at Lorong 5 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, 5 room flats, with resale prices ranging from $170,000 to $550,000 based on 37 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 04 TO 06 sold for $363,000 in 2026-03. The current median price per square metre is $4,328. Over the past five years, resale prices at this block have increased by approximately 31.8%. 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 38 Lorong 5 Toa Payoh worth?

The most recent resale transaction at Block 38 Lorong 5 Toa Payoh was $363,000 for a 3 room flat in 2026-03. The median price per square metre across all flat types is $4,328, based on 37 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 38 Lorong 5 Toa Payoh?

Block 38 Lorong 5 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 38 Lorong 5 Toa Payoh?

Block 38 Lorong 5 Toa Payoh in Toa Payoh contains 3 room, 5 room flats. Resale prices range from $170,000 to $550,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 38 Lorong 5 Toa Payoh gone up or down?

Resale prices at Block 38 Lorong 5 Toa Payoh have increased by approximately 31.8% over the past five years. The current median price is $293,000, with the most recent sale at $363,000 in 2026-03.

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