Blk 120 Lorong 2 Toa Payoh — HDB resale prices
HDB resale prices, Toa Payoh · 2-Room · built 1967
median resale price, last 24 months
13 sales in that window · as of Sep 2026
How it compares
Blk 120 Lorong 2 Toa Payoh is an HDB block in Toa Payoh (completed in 1967, 10 storeys, 160 units). As of Sep 2026, its median resale price over the last 24 months is $280,000, about 65% below the Toa Payoh median, from 13 sales. 313 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 2-room ×160
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $2,300/mo (5 rental contracts, last 12 months).
Estimated gross rental yield: ~9.9% (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 41% of Toa Payoh blocks with recent sales.
What the price model says
For a typical 2-room flat here, our price model estimates $240,735–$269,135 (central estimate $254,935). Recent sales — median $282,065 — sit above 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 | $18,100 | $33,885 | 12 |
| 1991 | $18,900 | $34,206 | 6 |
| 1992 | $19,000 | $33,633 | 16 |
| 1993 | $42,500 | $73,546 | 10 |
| 1994 | $48,250 | $80,990 | 18 |
| 1995 | $67,250 | $110,969 | 22 |
| 1996 | $98,000 | $159,507 | 18 |
| 1997 | $124,500 | $198,622 | 15 |
| 1998 | $100,000 | $159,971 | 11 |
| 1999 | $95,000 | $151,936 | 11 |
| 2000 | $107,000 | $168,850 | 11 |
| 2001 | $102,000 | $159,345 | 5 |
| 2002 | $100,000 | $156,835 | 5 |
| 2003 | $120,000 | $187,288 | 12 |
| 2004 | $119,000 | $182,673 | 10 |
| 2005 | $119,000 | $181,813 | 10 |
| 2006 | $126,500 | $191,422 | 6 |
| 2007 | $136,000 | $201,545 | 9 |
| 2008 | $183,000 | $254,321 | 6 |
| 2009 | $182,500 | $252,144 | 4 |
| 2010 | $215,944 | $290,142 | 10 |
| 2011 | $247,000 | $315,310 | 5 |
| 2012 | $270,000 | $329,573 | 3 |
| 2013 | $273,500 | $326,136 | 5 |
| 2014 | $263,500 | $310,996 | 6 |
| 2015 | $248,444 | $294,767 | 6 |
| 2016 | $238,000 | $283,878 | 7 |
| 2017 | $215,000 | $254,973 | 3 |
| 2018 | $191,000 | $225,522 | 3 |
| 2019 | $200,000 | $234,816 | 6 |
| 2020 | $204,000 | $239,926 | 4 |
| 2021 | $232,500 | $267,255 | 8 |
| 2022 | $268,000 | $290,265 | 7 |
| 2023 | $267,888 | $276,767 | 6 |
| 2024 | $285,000 | $287,574 | 4 |
| 2025 | $291,000 | $291,000 | 6 |
| 2026 | $278,000 | $278,000 | 7 |
Records
| Record sale | $315,000 (2-Room, 2025-04) |
|---|---|
| First recorded sale | $17,000 (1990-01) |
| Busiest year | 1995 · 22 sales |
| 10-year change (real) | -2% (-0.2%/yr, 2016→2026) |
| Total transacted | $42.6M across 313 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-08 | 2-Room | 04–06 | 40 m² | $280,000 |
| 2026-07 | 2-Room | 04–06 | 40 m² | $265,000 |
| 2026-04 | 2-Room | 04–06 | 40 m² | $295,000 |
| 2026-04 | 2-Room | 07–09 | 40 m² | $272,000 |
| 2026-03 | 2-Room | 07–09 | 40 m² | $278,000 |
| 2026-02 | 2-Room | 04–06 | 40 m² | $310,000 |
| 2026-01 | 2-Room | 01–03 | 40 m² | $272,000 |
| 2025-05 | 2-Room | 04–06 | 40 m² | $305,000 |
| 2025-05 | 2-Room | 01–03 | 38 m² | $270,000 |
| 2025-04 | 2-Room | 07–09 | 40 m² | $315,000 |
| 2025-03 | 2-Room | 07–09 | 40 m² | $297,000 |
| 2025-03 | 2-Room | 04–06 | 40 m² | $285,000 |
| 2025-02 | 2-Room | 04–06 | 40 m² | $280,000 |
| 2024-09 | 2-Room | 07–09 | 40 m² | $302,000 |
| 2024-09 | 2-Room | 04–06 | 40 m² | $280,000 |
| 2024-08 | 2-Room | 04–06 | 40 m² | $280,000 |
| 2024-03 | 2-Room | 04–06 | 45 m² | $290,000 |
| 2023-11 | 2-Room | 04–06 | 40 m² | $250,000 |
| 2023-10 | 2-Room | 07–09 | 40 m² | $266,888 |
| 2023-07 | 2-Room | 04–06 | 45 m² | $295,000 |
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 120 Lorong 2 Toa Payoh cost?
The median resale price over the last 24 months is $280,000 (13 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 120 Lorong 2 Toa Payoh fairly priced?
For a typical 2-room flat here, our price model estimates $240,735–$269,135 (central estimate $254,935). Recent sales — median $282,065 — sit above that range.
What is the rent at Blk 120 Lorong 2 Toa Payoh?
The median monthly rent is $2,300/mo over the last 12 months (5 contracts).
How old is Blk 120 Lorong 2 Toa Payoh?
The block was completed in 1967 and its 99-year lease runs from 1968.