Blk 116 Lorong 2 Toa Payoh — HDB resale prices
HDB resale prices, Toa Payoh · 3-Room · built 1969
median resale price, last 24 months
14 sales in that window · as of Sep 2026
How it compares
Blk 116 Lorong 2 Toa Payoh is an HDB block in Toa Payoh (completed in 1969, 20 storeys, 291 units). As of Sep 2026, its median resale price over the last 24 months is $410,000, about 49% below the Toa Payoh median, from 14 sales. 381 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 3-room ×286
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $3,000/mo (20 rental contracts, last 12 months).
Estimated gross rental yield: ~8.8% (Toa Payoh average: ~5.0%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 60% of Toa Payoh blocks with recent sales.
What the price model says
For a typical 3-room flat here, our price model estimates $344,949–$385,643 (central estimate $365,296). Recent sales — median $373,663 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
Median resale price by year
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1990 | $40,000 | $74,884 | 13 |
| 1991 | $40,000 | $72,394 | 7 |
| 1992 | $40,000 | $70,805 | 15 |
| 1993 | $60,000 | $103,829 | 8 |
| 1994 | $101,500 | $170,373 | 18 |
| 1995 | $128,500 | $212,037 | 7 |
| 1996 | $185,500 | $301,924 | 21 |
| 1997 | $206,500 | $329,441 | 24 |
| 1998 | $161,250 | $257,952 | 10 |
| 1999 | $155,500 | $248,695 | 22 |
| 2000 | $182,000 | $287,203 | 27 |
| 2001 | $173,750 | $271,434 | 22 |
| 2002 | $180,000 | $282,303 | 9 |
| 2003 | $180,550 | $281,790 | 8 |
| 2004 | $190,000 | $291,663 | 9 |
| 2005 | $189,000 | $288,761 | 7 |
| 2006 | $192,000 | $290,538 | 13 |
| 2007 | $220,000 | $326,029 | 9 |
| 2008 | $265,000 | $368,279 | 8 |
| 2009 | $290,000 | $400,666 | 9 |
| 2010 | $321,500 | $431,967 | 10 |
| 2011 | $337,500 | $430,838 | 10 |
| 2012 | $372,500 | $454,688 | 8 |
| 2013 | $395,000 | $471,019 | 5 |
| 2014 | $359,000 | $423,709 | 6 |
| 2015 | $310,000 | $367,800 | 2 |
| 2016 | $335,000 | $399,576 | 5 |
| 2017 | $310,000 | $367,636 | 5 |
| 2018 | $288,000 | $340,055 | 9 |
| 2019 | $253,000 | $297,043 | 2 |
| 2020 | $265,000 | $311,669 | 7 |
| 2021 | $290,000 | $333,351 | 3 |
| 2022 | $330,000 | $357,416 | 9 |
| 2023 | $325,000 | $335,772 | 11 |
| 2024 | $405,000 | $408,657 | 9 |
| 2025 | $430,000 | $430,000 | 9 |
| 2026 | $355,000 | $355,000 | 5 |
Records
| Record sale | $478,000 (3-Room, 2025-08) |
|---|---|
| First recorded sale | $40,000 (1990-01) |
| Busiest year | 2000 · 27 sales |
| 10-year change (real) | -11% (-1.2%/yr, 2016→2026) |
| Total transacted | $82.5M across 381 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-08 | 3-Room | 16–18 | 63 m² | $358,000 |
| 2026-06 | 3-Room | 07–09 | 63 m² | $355,000 |
| 2026-06 | 3-Room | 13–15 | 63 m² | $345,000 |
| 2026-03 | 3-Room | 13–15 | 63 m² | $335,000 |
| 2026-01 | 3-Room | 16–18 | 63 m² | $360,000 |
| 2025-11 | 3-Room | 10–12 | 63 m² | $420,000 |
| 2025-11 | 3-Room | 10–12 | 63 m² | $399,000 |
| 2025-10 | 3-Room | 04–06 | 72 m² | $430,000 |
| 2025-09 | 3-Room | 13–15 | 72 m² | $430,000 |
| 2025-08 | 3-Room | 10–12 | 72 m² | $478,000 |
| 2025-08 | 3-Room | 16–18 | 63 m² | $410,000 |
| 2025-06 | 3-Room | 16–18 | 63 m² | $410,000 |
| 2025-04 | 3-Room | 16–18 | 63 m² | $438,000 |
| 2025-02 | 3-Room | 13–15 | 63 m² | $436,168 |
| 2024-10 | 3-Room | 13–15 | 72 m² | $470,000 |
| 2024-10 | 3-Room | 13–15 | 63 m² | $420,000 |
| 2024-10 | 3-Room | 04–06 | 63 m² | $405,000 |
| 2024-07 | 3-Room | 07–09 | 63 m² | $370,000 |
| 2024-06 | 3-Room | 13–15 | 63 m² | $405,000 |
| 2024-04 | 3-Room | 19–21 | 62 m² | $420,000 |
Lorong 2 Toa Payoh blocks ranked by price
Showing the top 15 of 24 priced blocks.
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Quick answers
How much does a flat at Blk 116 Lorong 2 Toa Payoh cost?
The median resale price over the last 24 months is $410,000 (14 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 116 Lorong 2 Toa Payoh fairly priced?
For a typical 3-room flat here, our price model estimates $344,949–$385,643 (central estimate $365,296). Recent sales — median $373,663 — sit within that range.
What is the rent at Blk 116 Lorong 2 Toa Payoh?
The median monthly rent is $3,000/mo over the last 12 months (20 contracts).
How old is Blk 116 Lorong 2 Toa Payoh?
The block was completed in 1969 and its 99-year lease runs from 1970.