HDB Resale & Rent — Singapore

Blk 120 Lor 2 Toa Payoh — HDB resale prices

Blk 120 Lor 2 Toa Payoh is an HDB block in Toa Payoh (completed in 1967, 10 storeys, 160 units). As of Jul 2026, its median resale price over the last 24 months is $282,500, about 70% below the Toa Payoh median, from 14 sales. 311 resale transactions have been recorded here since 1990.

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Price history at a glance

$116K$233K$349K19901995200020052010201520202025nominalreal (today's $)

Block facts

TownToa Payoh
Completed1967
Lease from1968
Storeys10
Dwelling units160
Unit mix (sold)2-room ×160
Recorded resales311 since 1990

Prices by flat type — last 24 months (as of Jul 2026)

Flat typeMedian priceMedian $/m²Sales
2-Room$282,500$7,115/m²14

Median monthly rent at this block: $2,150/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 40% of Toa Payoh blocks with recent sales.

What the price model says

For a typical 2-room flat here, our price model estimates $236,545–$264,609 (central estimate $250,577). Recent sales — median $282,528 — 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

YearMedian (nominal)Median (today's $)Sales
1990$18,100$33,88512
1991$18,900$34,2066
1992$19,000$33,63316
1993$42,500$73,54610
1994$48,250$80,99018
1995$67,250$110,96922
1996$98,000$159,50718
1997$124,500$198,62215
1998$100,000$159,97111
1999$95,000$151,93611
2000$107,000$168,85011
2001$102,000$159,3455
2002$100,000$156,8355
2003$120,000$187,28812
2004$119,000$182,67310
2005$119,000$181,81310
2006$126,500$191,4226
2007$136,000$201,5459
2008$183,000$254,3216
2009$182,500$252,1444
2010$215,944$290,14210
2011$247,000$315,3105
2012$270,000$329,5733
2013$273,500$326,1365
2014$263,500$310,9966
2015$248,444$294,7676
2016$238,000$283,8787
2017$215,000$254,9733
2018$191,000$225,5223
2019$200,000$234,8166
2020$204,000$239,9264
2021$232,500$267,2558
2022$268,000$290,2657
2023$267,888$276,7676
2024$285,000$287,5744
2025$291,000$291,0006
2026$278,000$278,0005

Records

Record sale$315,000 (2-Room, 2025-04)
First recorded sale$17,000 (1990-01)
Busiest year1995 · 22 sales
10-year change (real)-2% (-0.2%/yr, 2016→2026)
Total transacted$42.0M across 311 sales

Recent resale transactions

MonthFlat typeStoreyArea (m²)Price
2026-042-Room07 TO 0940$272,000
2026-042-Room04 TO 0640$295,000
2026-032-Room07 TO 0940$278,000
2026-022-Room04 TO 0640$310,000
2026-012-Room01 TO 0340$272,000
2025-052-Room01 TO 0338$270,000
2025-052-Room04 TO 0640$305,000
2025-042-Room07 TO 0940$315,000
2025-032-Room07 TO 0940$297,000
2025-032-Room04 TO 0640$285,000
2025-022-Room04 TO 0640$280,000
2024-092-Room04 TO 0640$280,000
2024-092-Room07 TO 0940$302,000
2024-082-Room04 TO 0640$280,000
2024-032-Room04 TO 0645$290,000
2023-112-Room04 TO 0640$250,000
2023-102-Room07 TO 0940$266,888
2023-072-Room04 TO 0645$295,000
2023-042-Room01 TO 0338$240,000
2023-012-Room04 TO 0640$268,888

Lor 2 Toa Payoh blocks ranked by price

BlockMedian (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.

More blocks on Lor 2 Toa Payoh

Blk 83 Blk 84 Blk 84A Blk 84B Blk 86 Blk 99A Blk 99B Blk 99C Blk 101A Blk 101B Blk 116 Blk 121 · All of Toa Payoh

Quick answers

How much does a flat at Blk 120 Lor 2 Toa Payoh cost?

The median resale price over the last 24 months is $282,500 (14 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.

Is Blk 120 Lor 2 Toa Payoh fairly priced?

For a typical 2-room flat here, our price model estimates $236,545–$264,609 (central estimate $250,577). Recent sales — median $282,528 — sit above that range.

What is the rent at Blk 120 Lor 2 Toa Payoh?

The median monthly rent is $2,150/mo over the last 12 months (6 contracts).

How old is Blk 120 Lor 2 Toa Payoh?

The block was completed in 1967 and its 99-year lease runs from 1968.