Blk 116 Lor 2 Toa Payoh is an HDB block in Toa Payoh (completed in 1969, 20 storeys, 291 units). As of Jul 2026, its median resale price over the last 24 months is $415,000, about 56% below the Toa Payoh median, from 16 sales. 380 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Toa Payoh |
|---|---|
| Completed | 1969 |
| Lease from | 1970 |
| Storeys | 20 |
| Dwelling units | 291 |
| Unit mix (sold) | 3-room ×286 |
| Recorded resales | 380 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 3-Room | $415,000 | $6,468/m² | 16 |
Median monthly rent at this block: $3,000/mo (17 rental contracts, last 12 months).
Estimated gross rental yield: ~8.7% (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 50% of Toa Payoh blocks with recent sales.
For a typical 3-room flat here, our price model estimates $346,414–$387,514 (central estimate $366,964). Recent sales — median $375,463 — 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 | $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 | $350,000 | $350,000 | 4 |
| Record sale | $478,000 (3-Room, 2025-08) |
|---|---|
| First recorded sale | $40,000 (1990-01) |
| Busiest year | 2000 · 27 sales |
| 10-year change (real) | -12% (-1.3%/yr, 2016→2026) |
| Total transacted | $82.1M across 380 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-06 | 3-Room | 07 TO 09 | 63 | $355,000 |
| 2026-06 | 3-Room | 13 TO 15 | 63 | $345,000 |
| 2026-03 | 3-Room | 13 TO 15 | 63 | $335,000 |
| 2026-01 | 3-Room | 16 TO 18 | 63 | $360,000 |
| 2025-11 | 3-Room | 10 TO 12 | 63 | $399,000 |
| 2025-11 | 3-Room | 10 TO 12 | 63 | $420,000 |
| 2025-10 | 3-Room | 04 TO 06 | 72 | $430,000 |
| 2025-09 | 3-Room | 13 TO 15 | 72 | $430,000 |
| 2025-08 | 3-Room | 16 TO 18 | 63 | $410,000 |
| 2025-08 | 3-Room | 10 TO 12 | 72 | $478,000 |
| 2025-06 | 3-Room | 16 TO 18 | 63 | $410,000 |
| 2025-04 | 3-Room | 16 TO 18 | 63 | $438,000 |
| 2025-02 | 3-Room | 13 TO 15 | 63 | $436,168 |
| 2024-10 | 3-Room | 04 TO 06 | 63 | $405,000 |
| 2024-10 | 3-Room | 13 TO 15 | 63 | $420,000 |
| 2024-10 | 3-Room | 13 TO 15 | 72 | $470,000 |
| 2024-07 | 3-Room | 07 TO 09 | 63 | $370,000 |
| 2024-06 | 3-Room | 13 TO 15 | 63 | $405,000 |
| 2024-04 | 3-Room | 19 TO 21 | 62 | $420,000 |
| 2024-02 | 3-Room | 19 TO 21 | 63 | $373,888 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 99C | $1,238,888 | $8,371/m² |
| 2. Blk 101B | $1,237,500 | $8,564/m² |
| 3. Blk 154 | $1,224,444 | $9,956/m² |
| 4. Blk 84A | $1,124,000 | $9,869/m² |
| 5. Blk 143 | $1,110,000 | $10,091/m² |
| 6. Blk 153 | $1,068,000 | $8,613/m² |
| 7. Blk 121 | $1,052,000 | $9,439/m² |
| 8. Blk 84B | $1,046,500 | $9,178/m² |
| 9. Blk 145 | $1,016,500 | $11,230/m² |
| 10. Blk 147 | $988,000 | $11,016/m² |
| 11. Blk 146 | $980,000 | $10,965/m² |
| 12. Blk 152 | $960,000 | $10,808/m² |
| 13. Blk 122 | $928,000 | $9,129/m² |
| 14. Blk 142 | $918,000 | $9,312/m² |
| 15. Blk 84 | $905,000 | $8,619/m² |
Showing the top 15 of 21 blocks.
The median resale price over the last 24 months is $415,000 (16 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 $346,414–$387,514 (central estimate $366,964). Recent sales — median $375,463 — sit within that range.
The median monthly rent is $3,000/mo over the last 12 months (17 contracts).
The block was completed in 1969 and its 99-year lease runs from 1970.