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Block 221 Lorong 8 Toa Payoh

4 Room · Built 1976 · 50 years remaining lease MOP Cleared
Latest Sale
$485,000
May 2025 · 4 ROOM · Floor 01-03
Median $/sqm
$5,244
Based on 13 transactions
Total Transactions
13
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 59%
#173 / 295 Top 59%
Latest Sale ?
Top 63%
#185 / 295 Top 63%
Value ($/sqm) ?
Top 55%
#162 / 295 Top 55%
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
−0.76%/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 50 years remaining 99 years
50 years 1 months
Remaining lease
↓ 0.76%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 50 years remaining, decay is gradual (~0.76%/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
May 2025 01 TO 03 4 ROOM 82 sqm $485,000 $5,915
Apr 2025 01 TO 03 4 ROOM 82 sqm $462,500 $5,640
Feb 2025 07 TO 09 4 ROOM 82 sqm $508,000 $6,195
Mar 2024 04 TO 06 4 ROOM 82 sqm $470,000 $5,732
Jan 2024 16 TO 18 4 ROOM 82 sqm $440,000 $5,366
Jan 2023 10 TO 12 4 ROOM 82 sqm $442,000 $5,390
Sep 2022 13 TO 15 4 ROOM 82 sqm $430,000 $5,244
Jun 2020 13 TO 15 4 ROOM 82 sqm $300,000 $3,659
May 2019 04 TO 06 4 ROOM 82 sqm $313,000 $3,817
Nov 2017 01 TO 03 4 ROOM 82 sqm $315,000 $3,841
Jul 2017 07 TO 09 4 ROOM 82 sqm $330,000 $4,024
Jul 2017 04 TO 06 4 ROOM 82 sqm $348,000 $4,244
May 2017 07 TO 09 4 ROOM 82 sqm $370,000 $4,512
Showing 13 of 13 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 221 Lorong 8 Toa Payoh

Block 221 at Lorong 8 Toa Payoh is a residential HDB block in Toa Payoh, Singapore, built in 1976 with approximately 50 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $300,000 to $508,000 based on 13 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $485,000 in 2025-05. The current median price per square metre is $5,244. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8215, with an annual lease decay rate of approximately 0.76%. 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 221 Lorong 8 Toa Payoh worth?

The most recent resale transaction at Block 221 Lorong 8 Toa Payoh was $485,000 for a 4 room flat in 2025-05. The median price per square metre across all flat types is $5,244, based on 13 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 221 Lorong 8 Toa Payoh?

Block 221 Lorong 8 Toa Payoh was built in 1976 and has approximately 50 years and 1 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.76%, meaning the leasehold value decreases by approximately 0.76% per year at the current remaining lease.

What flat types are available at Block 221 Lorong 8 Toa Payoh?

Block 221 Lorong 8 Toa Payoh in Toa Payoh contains 4 room flats. Resale prices range from $300,000 to $508,000 based on historical transaction records from data.gov.sg.

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