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Block 217 Lorong 8 Toa Payoh

5 Room · Built 1976 · 49 years remaining lease · Updated Apr 2026 MOP Cleared

Block 217 Lorong 8 Toa Payoh has 16 recorded HDB resale transactions since 2017. Latest sale: $688,000 (Apr 2026, 5 room, floors 13–15). Median $5,496/sqm. Built 1976, 49 years lease remaining.

Latest Sale
$688,000
Apr 2026 · 5 ROOM · Floor 13-15
Median $/sqm
$5,496
Based on 16 transactions
Total Transactions
16
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 40%
#118 / 296 Top 40%
Latest Sale ?
Top 46%
#136 / 296 Top 46%
Value ($/sqm) ?
Top 52%
#153 / 296 Top 52%
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
−0.79%/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 49 years remaining 99 years
49 years 2 months
Remaining lease
↓ 0.79%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 49 years remaining, decay is gradual (~0.79%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Toa Payoh average.

Flat type Median rent /mo Gross yield Based on
5-Room $4,000 typically $3,600–$4,300 4.6% Toa Payoh avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 2 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
All Transactions
Date Floor Type Area Price $/sqm
Apr 2026 13 TO 15 5 ROOM 114 sqm $688,000 $6,035
Apr 2026 01 TO 03 5 ROOM 117 sqm $650,000 $5,556
May 2025 04 TO 06 5 ROOM 117 sqm $655,000 $5,598
Mar 2025 04 TO 06 5 ROOM 117 sqm $625,000 $5,342
Sep 2024 22 TO 24 5 ROOM 117 sqm $700,000 $5,983
Sep 2024 22 TO 24 5 ROOM 117 sqm $760,000 $6,496
Jul 2024 19 TO 21 5 ROOM 117 sqm $700,000 $5,983
Feb 2024 10 TO 12 5 ROOM 117 sqm $653,000 $5,581
Feb 2024 19 TO 21 5 ROOM 117 sqm $695,000 $5,940
Mar 2023 04 TO 06 5 ROOM 117 sqm $636,000 $5,436
Feb 2023 19 TO 21 5 ROOM 117 sqm $605,000 $5,171
Sep 2019 10 TO 12 5 ROOM 114 sqm $488,000 $4,281
Jun 2019 07 TO 09 5 ROOM 119 sqm $480,000 $4,034
Mar 2019 13 TO 15 5 ROOM 117 sqm $525,000 $4,487
Aug 2017 04 TO 06 5 ROOM 117 sqm $508,000 $4,342
Aug 2017 10 TO 12 5 ROOM 119 sqm $563,000 $4,731
Showing 16 of 16 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 217 Lorong 8 Toa Payoh

Block 217 at Lorong 8 Toa Payoh is a residential HDB block in Toa Payoh, Singapore, built in 1976 with approximately 49 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $480,000 to $760,000 based on 16 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 13 TO 15 sold for $688,000 in 2026-04. The current median price per square metre is $5,496. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8157, with an annual lease decay rate of approximately 0.79%. 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 217 Lorong 8 Toa Payoh worth?

The most recent resale transaction at Block 217 Lorong 8 Toa Payoh was $688,000 for a 5 room flat in 2026-04. The median price per square metre across all flat types is $5,496, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 217 Lorong 8 Toa Payoh?

Block 217 Lorong 8 Toa Payoh was built in 1976 and has approximately 49 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 0.79%, meaning the leasehold value decreases by approximately 0.79% per year at the current remaining lease.

What flat types are available at Block 217 Lorong 8 Toa Payoh?

Block 217 Lorong 8 Toa Payoh in Toa Payoh contains 5 room flats. Resale prices range from $480,000 to $760,000 based on historical transaction records from data.gov.sg.

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