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Block 48 Lorong 5 Toa Payoh

5 Room · Built 1993 · 68 years remaining lease MOP Cleared
Latest Sale
$870,000
Jan 2024 · 5 ROOM · Floor 10-12
Median $/sqm
$5,691
Based on 11 transactions
Total Transactions
11
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 34%
#101 / 295 Top 34%
Latest Sale ?
Top 28%
#84 / 295 Top 28%
Value ($/sqm) ?
Top 44%
#131 / 295 Top 44%
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%/yr
vs
Lease Decay
−0.37%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 68 years remaining 99 years
68 years 4 months
Remaining lease
↓ 0.37%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 68 years remaining, decay is gradual (~0.37%/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
Jan 2024 10 TO 12 5 ROOM 125 sqm $870,000 $6,960
May 2022 07 TO 09 5 ROOM 123 sqm $700,000 $5,691
Apr 2022 07 TO 09 5 ROOM 125 sqm $735,000 $5,880
Sep 2021 04 TO 06 5 ROOM 125 sqm $630,000 $5,040
Jul 2021 16 TO 18 5 ROOM 125 sqm $818,000 $6,544
Apr 2021 10 TO 12 5 ROOM 123 sqm $745,000 $6,057
Mar 2021 01 TO 03 5 ROOM 125 sqm $622,000 $4,976
Jul 2020 10 TO 12 5 ROOM 125 sqm $630,000 $5,040
Jul 2019 07 TO 09 5 ROOM 125 sqm $650,000 $5,200
Apr 2019 07 TO 09 5 ROOM 123 sqm $708,000 $5,756
Feb 2019 01 TO 03 5 ROOM 123 sqm $618,000 $5,024
Showing 11 of 11 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 48 Lorong 5 Toa Payoh

Block 48 at Lorong 5 Toa Payoh is a residential HDB block in Toa Payoh, Singapore, built in 1993 with approximately 68 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $618,000 to $870,000 based on 11 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 10 TO 12 sold for $870,000 in 2024-01. The current median price per square metre is $5,691. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9047, with an annual lease decay rate of approximately 0.37%. 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 48 Lorong 5 Toa Payoh worth?

The most recent resale transaction at Block 48 Lorong 5 Toa Payoh was $870,000 for a 5 room flat in 2024-01. The median price per square metre across all flat types is $5,691, based on 11 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 48 Lorong 5 Toa Payoh?

Block 48 Lorong 5 Toa Payoh was built in 1993 and has approximately 68 years and 4 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.37%, meaning the leasehold value decreases by approximately 0.37% per year at the current remaining lease.

What flat types are available at Block 48 Lorong 5 Toa Payoh?

Block 48 Lorong 5 Toa Payoh in Toa Payoh contains 5 room flats. Resale prices range from $618,000 to $870,000 based on historical transaction records from data.gov.sg.

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