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Block 218 Lorong 8 Toa Payoh

5 Room · Built 1978 · 51 years remaining lease MOP Cleared
Latest Sale
$695,000
Sep 2025 · 5 ROOM · Floor 04-06
Median $/sqm
$4,550
Based on 14 transactions
Total Transactions
14
Since Jan 2017
5-Year Trend
▲ +31.8%
Median price change
Median Price ?
Top 51%
#149 / 295 Top 51%
Latest Sale ?
Top 45%
#133 / 295 Top 45%
Value ($/sqm) ?
Top 86%
#255 / 295 Top 86%
5-Year Growth ?
Top 50%
#110 / 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
−0.72%/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 51 years remaining 99 years
51 years 4 months
Remaining lease
↓ 0.72%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 51 years remaining, decay is gradual (~0.72%/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
Sep 2025 04 TO 06 5 ROOM 117 sqm $695,000 $5,940
May 2025 10 TO 12 5 ROOM 117 sqm $710,000 $6,068
Feb 2023 19 TO 21 5 ROOM 119 sqm $670,000 $5,630
Mar 2022 01 TO 03 5 ROOM 117 sqm $510,000 $4,359
Dec 2021 10 TO 12 5 ROOM 117 sqm $528,000 $4,513
Jul 2021 19 TO 21 5 ROOM 119 sqm $538,000 $4,521
Aug 2020 22 TO 24 5 ROOM 114 sqm $522,000 $4,579
Jun 2019 01 TO 03 5 ROOM 119 sqm $488,000 $4,101
May 2019 22 TO 24 5 ROOM 117 sqm $520,000 $4,444
Apr 2019 16 TO 18 5 ROOM 117 sqm $505,000 $4,316
Jun 2018 04 TO 06 5 ROOM 119 sqm $490,000 $4,118
Jun 2018 19 TO 21 5 ROOM 117 sqm $560,000 $4,786
Jan 2018 10 TO 12 5 ROOM 117 sqm $565,000 $4,829
Oct 2017 13 TO 15 5 ROOM 117 sqm $540,000 $4,615
Showing 14 of 14 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 218 Lorong 8 Toa Payoh

Block 218 at Lorong 8 Toa Payoh is a residential HDB block in Toa Payoh, Singapore, built in 1978 with approximately 51 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $488,000 to $710,000 based on 14 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 04 TO 06 sold for $695,000 in 2025-09. The current median price per square metre is $4,550. 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 0.8290, with an annual lease decay rate of approximately 0.72%. 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 218 Lorong 8 Toa Payoh worth?

The most recent resale transaction at Block 218 Lorong 8 Toa Payoh was $695,000 for a 5 room flat in 2025-09. The median price per square metre across all flat types is $4,550, based on 14 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 218 Lorong 8 Toa Payoh?

Block 218 Lorong 8 Toa Payoh was built in 1978 and has approximately 51 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 0.72%, meaning the leasehold value decreases by approximately 0.72% per year at the current remaining lease.

What flat types are available at Block 218 Lorong 8 Toa Payoh?

Block 218 Lorong 8 Toa Payoh in Toa Payoh contains 5 room flats. Resale prices range from $488,000 to $710,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 218 Lorong 8 Toa Payoh gone up or down?

Resale prices at Block 218 Lorong 8 Toa Payoh have increased by approximately 31.8% over the past five years. The current median price is $533,000, with the most recent sale at $695,000 in 2025-09.

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