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Block 232 Lorong 8 Toa Payoh

3 Room · Built 1976 · 49 years remaining lease MOP Cleared
Latest Sale
$340,000
Apr 2026 · 3 ROOM · Floor 07-09
Median $/sqm
$4,738
Based on 36 transactions
Total Transactions
36
Since Jan 2017
5-Year Trend
▲ +45.2%
Median price change
Median Price ?
Top 79%
#233 / 295 Top 79%
Latest Sale ?
Top 93%
#274 / 295 Top 93%
Value ($/sqm) ?
Top 78%
#230 / 295 Top 78%
5-Year Growth ?
Top 9%
#20 / 218 Top 9%
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
+7.7%/yr
vs
Lease Decay
−0.77%/yr
Growth assumption
Based on this block’s +45.2% 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 49 years remaining 99 years
49 years 8 months
Remaining lease
↓ 0.77%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 49 years remaining, decay is gradual (~0.77%/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
Apr 2026 07 TO 09 3 ROOM 65 sqm $340,000 $5,231
Apr 2026 04 TO 06 3 ROOM 65 sqm $365,000 $5,615
Apr 2026 10 TO 12 3 ROOM 65 sqm $343,000 $5,277
Jan 2026 07 TO 09 3 ROOM 65 sqm $345,000 $5,308
Sep 2025 04 TO 06 3 ROOM 65 sqm $343,000 $5,277
Aug 2025 04 TO 06 3 ROOM 65 sqm $383,000 $5,892
Jul 2025 04 TO 06 3 ROOM 65 sqm $385,000 $5,923
Jun 2025 07 TO 09 3 ROOM 65 sqm $368,000 $5,662
Jun 2025 04 TO 06 3 ROOM 65 sqm $363,000 $5,585
Nov 2024 10 TO 12 3 ROOM 65 sqm $382,000 $5,877
May 2024 10 TO 12 3 ROOM 65 sqm $383,000 $5,892
Dec 2023 07 TO 09 3 ROOM 65 sqm $360,000 $5,538
Aug 2023 07 TO 09 3 ROOM 65 sqm $360,000 $5,538
May 2023 10 TO 12 3 ROOM 65 sqm $342,000 $5,262
Aug 2022 04 TO 06 3 ROOM 65 sqm $322,000 $4,954
Jul 2022 10 TO 12 3 ROOM 65 sqm $330,000 $5,077
Feb 2022 10 TO 12 3 ROOM 65 sqm $330,000 $5,077
Oct 2021 10 TO 12 3 ROOM 65 sqm $250,000 $3,846
Dec 2020 07 TO 09 3 ROOM 65 sqm $252,000 $3,877
Nov 2020 10 TO 12 3 ROOM 65 sqm $260,000 $4,000
Showing 20 of 36 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 232 Lorong 8 Toa Payoh

Block 232 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 3 room flats, with resale prices ranging from $215,000 to $385,000 based on 36 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 07 TO 09 sold for $340,000 in 2026-04. The current median price per square metre is $4,738. Over the past five years, resale prices at this block have increased by approximately 45.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8189, with an annual lease decay rate of approximately 0.77%. 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 232 Lorong 8 Toa Payoh worth?

The most recent resale transaction at Block 232 Lorong 8 Toa Payoh was $340,000 for a 3 room flat in 2026-04. The median price per square metre across all flat types is $4,738, based on 36 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 232 Lorong 8 Toa Payoh?

Block 232 Lorong 8 Toa Payoh was built in 1976 and has approximately 49 years and 8 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.77%, meaning the leasehold value decreases by approximately 0.77% per year at the current remaining lease.

What flat types are available at Block 232 Lorong 8 Toa Payoh?

Block 232 Lorong 8 Toa Payoh in Toa Payoh contains 3 room flats. Resale prices range from $215,000 to $385,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 232 Lorong 8 Toa Payoh gone up or down?

Resale prices at Block 232 Lorong 8 Toa Payoh have increased by approximately 45.2% over the past five years. The current median price is $325,000, with the most recent sale at $340,000 in 2026-04.

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