Blk 123 Lor 1 Toa Payoh is an HDB block in Toa Payoh (completed in 1969, 10 storeys, 128 units). As of Jul 2026, its median resale price over the last 24 months is $404,000, about 57% below the Toa Payoh median, from 8 sales. 138 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Toa Payoh |
|---|---|
| Completed | 1969 |
| Lease from | 1970 |
| Storeys | 10 |
| Dwelling units | 128 |
| Unit mix (sold) | 3-room ×128 |
| Recorded resales | 138 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 3-Room | $404,000 | $5,604/m² | 8 |
Median monthly rent at this block: $3,050/mo (6 rental contracts, last 12 months).
Estimated gross rental yield: ~9.1% (Toa Payoh average: ~4.1%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 85% of Toa Payoh blocks with recent sales.
For a typical 3-room flat here, our price model estimates $376,194–$420,828 (central estimate $398,511). Recent sales — median $380,000 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1990 | $38,500 | $72,076 | 6 |
| 1991 | $37,500 | $67,870 | 2 |
| 1992 | $46,250 | $81,869 | 2 |
| 1993 | $59,000 | $102,099 | 5 |
| 1994 | $91,000 | $152,749 | 8 |
| 1995 | $135,000 | $222,762 | 1 |
| 1996 | $157,000 | $255,537 | 9 |
| 1997 | $199,000 | $317,476 | 4 |
| 1998 | $151,000 | $241,555 | 6 |
| 1999 | $149,500 | $239,099 | 4 |
| 2000 | $164,500 | $259,587 | 10 |
| 2002 | $157,500 | $247,015 | 6 |
| 2003 | $177,000 | $276,250 | 7 |
| 2004 | $185,000 | $283,987 | 7 |
| 2005 | $182,000 | $278,066 | 5 |
| 2006 | $184,500 | $279,189 | 8 |
| 2007 | $225,500 | $334,180 | 2 |
| 2008 | $250,000 | $347,433 | 3 |
| 2009 | $272,000 | $375,797 | 2 |
| 2010 | $313,500 | $421,219 | 4 |
| 2011 | $328,250 | $419,030 | 2 |
| 2012 | $366,998 | $447,973 | 5 |
| 2013 | $355,000 | $423,321 | 1 |
| 2014 | $368,000 | $434,332 | 1 |
| 2015 | $344,000 | $408,140 | 3 |
| 2016 | $313,000 | $373,335 | 1 |
| 2017 | $310,944 | $368,755 | 2 |
| 2018 | $280,000 | $330,609 | 3 |
| 2019 | $267,000 | $313,480 | 2 |
| 2020 | $273,444 | $321,600 | 2 |
| 2021 | $326,500 | $375,307 | 4 |
| 2022 | $330,000 | $357,416 | 3 |
| 2024 | $410,000 | $413,702 | 1 |
| 2025 | $398,000 | $398,000 | 5 |
| 2026 | $375,000 | $375,000 | 2 |
| Record sale | $428,000 (3-Room, 2025-01) |
|---|---|
| First recorded sale | $41,300 (1990-03) |
| Busiest year | 2000 · 10 sales |
| 10-year change (real) | +0% (+0.0%/yr, 2016→2026) |
| Total transacted | $28.4M across 138 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-06 | 3-Room | 04 TO 06 | 67 | $330,000 |
| 2026-04 | 3-Room | 04 TO 06 | 79 | $420,000 |
| 2025-08 | 3-Room | 07 TO 09 | 67 | $415,000 |
| 2025-06 | 3-Room | 04 TO 06 | 67 | $370,888 |
| 2025-03 | 3-Room | 01 TO 03 | 67 | $380,000 |
| 2025-02 | 3-Room | 07 TO 09 | 67 | $398,000 |
| 2025-01 | 3-Room | 07 TO 09 | 79 | $428,000 |
| 2024-11 | 3-Room | 07 TO 09 | 67 | $410,000 |
| 2022-10 | 3-Room | 04 TO 06 | 67 | $328,000 |
| 2022-09 | 3-Room | 07 TO 09 | 67 | $339,000 |
| 2022-03 | 3-Room | 07 TO 09 | 67 | $330,000 |
| 2021-12 | 3-Room | 10 TO 12 | 67 | $348,000 |
| 2021-09 | 3-Room | 10 TO 12 | 67 | $282,000 |
| 2021-04 | 3-Room | 04 TO 06 | 67 | $310,000 |
| 2021-03 | 3-Room | 04 TO 06 | 67 | $343,000 |
| 2020-12 | 3-Room | 01 TO 03 | 67 | $268,888 |
| 2020-10 | 3-Room | 10 TO 12 | 67 | $278,000 |
| 2019-12 | 3-Room | 07 TO 09 | 67 | $272,000 |
| 2019-05 | 3-Room | 07 TO 09 | 67 | $262,000 |
| 2018-12 | 3-Room | 07 TO 09 | 67 | $285,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 153A | $1,132,500 | $9,263/m² |
| 2. Blk 130A | $1,120,000 | $12,151/m² |
| 3. Blk 130B | $1,113,000 | $12,151/m² |
| 4. Blk 236 | $1,084,500 | $7,428/m² |
| 5. Blk 131A | $1,070,000 | $11,956/m² |
| 6. Blk 237 | $1,050,000 | $7,192/m² |
| 7. Blk 172 | $1,027,500 | $8,320/m² |
| 8. Blk 131B | $967,500 | $12,019/m² |
| 9. Blk 155 | $899,444 | $8,952/m² |
| 10. Blk 156 | $898,000 | $8,832/m² |
| 11. Blk 239 | $886,000 | $7,383/m² |
| 12. Blk 171 | $868,000 | $7,514/m² |
| 13. Blk 238 | $778,000 | $7,520/m² |
| 14. Blk 172A | $750,000 | $7,143/m² |
| 15. Blk 163 | $420,000 | $5,923/m² |
Showing the top 15 of 42 blocks.
The median resale price over the last 24 months is $404,000 (8 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 3-room flat here, our price model estimates $376,194–$420,828 (central estimate $398,511). Recent sales — median $380,000 — sit within that range.
The median monthly rent is $3,050/mo over the last 12 months (6 contracts).
The block was completed in 1969 and its 99-year lease runs from 1970.