Skip to content

Block 232 Lorong 8 Toa Payoh

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

Block 232 Lorong 8 Toa Payoh has 36 recorded HDB resale transactions since 2017. Latest sale: $340,000 (Apr 2026, 3 room, floors 07–09). Median $4,738/sqm. Prices up 45.2% over the past five years. Built 1976, 49 years lease remaining.

Latest Sale
$340,000
Apr 2026 · 3 ROOM · Floor 07-09
Median $/sqm
$4,738
Based on 36 transactions
Total Transactions
36
Since Jan 2017
5-Year Trend
▲ +45.2%
Median price change
Median Price ?
Top 79%
#234 / 296 Top 79%
Latest Sale ?
Top 92%
#272 / 296 Top 92%
Value ($/sqm) ?
Top 79%
#235 / 296 Top 79%
5-Year Growth ?
Top 8%
#17 / 220 Top 8%
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.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.

Flat type Median rent /mo Gross yield Based on
3-Room $2,750 typically $2,450–$2,950 9.1% 6 rentals here
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 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.

Link copied to clipboard