Blk 121 Lor 2 Toa Payoh is an HDB block in Toa Payoh (completed in 1998, 30 storeys, 106 units). As of Jul 2026, its median resale price over the last 24 months is $1,052,000, about 12% above the Toa Payoh median, from 6 sales. 56 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Toa Payoh |
|---|---|
| Completed | 1998 |
| Lease from | 2002 |
| Storeys | 30 |
| Dwelling units | 106 |
| Unit mix (sold) | 4-room ×48 · 5-room ×58 |
| Recorded resales | 56 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 4-Room | $935,000 | $9,257/m² | 3 |
| 5-Room | $1,160,000 | $9,508/m² | 3 |
Median monthly rent at this block: $4,375/mo (2 rental contracts, last 12 months).
Estimated gross rental yield: ~5.0% (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 15% of Toa Payoh blocks with recent sales.
For a typical 4-room flat here, our price model estimates $794,422–$888,676 (central estimate $841,549). Recent sales — median $880,000 — 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 |
|---|---|---|---|
| 2007 | $400,000 | $592,780 | 5 |
| 2008 | $518,000 | $719,882 | 3 |
| 2009 | $540,000 | $746,068 | 3 |
| 2010 | $560,000 | $752,416 | 5 |
| 2011 | $785,000 | $1,002,098 | 3 |
| 2012 | $764,000 | $932,569 | 4 |
| 2014 | $664,444 | $784,209 | 2 |
| 2015 | $750,000 | $889,839 | 1 |
| 2016 | $880,000 | $1,049,632 | 1 |
| 2017 | $675,888 | $801,551 | 3 |
| 2018 | $829,000 | $978,838 | 4 |
| 2019 | $875,000 | $1,027,322 | 1 |
| 2020 | $822,500 | $967,349 | 6 |
| 2021 | $870,000 | $1,000,053 | 2 |
| 2022 | $955,000 | $1,034,342 | 3 |
| 2023 | $967,000 | $999,050 | 4 |
| 2025 | $1,052,000 | $1,052,000 | 6 |
| Record sale | $1,250,000 (5-Room, 2025-09) |
|---|---|
| First recorded sale | $400,000 (2007-01) |
| Busiest year | 2020 · 6 sales |
| 10-year change (real) | +18% (+1.7%/yr, 2015→2025) |
| Total transacted | $42.1M across 56 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2025-12 | 5-Room | 10 TO 12 | 122 | $1,146,000 |
| 2025-09 | 5-Room | 07 TO 09 | 122 | $1,160,000 |
| 2025-09 | 5-Room | 22 TO 24 | 126 | $1,250,000 |
| 2025-07 | 4-Room | 10 TO 12 | 101 | $880,000 |
| 2025-07 | 4-Room | 25 TO 27 | 101 | $958,000 |
| 2025-06 | 4-Room | 16 TO 18 | 101 | $935,000 |
| 2023-08 | 4-Room | 22 TO 24 | 101 | $935,000 |
| 2023-03 | 5-Room | 19 TO 21 | 124 | $1,030,000 |
| 2023-02 | 4-Room | 19 TO 21 | 101 | $848,000 |
| 2023-01 | 5-Room | 19 TO 21 | 124 | $999,000 |
| 2022-11 | 5-Room | 13 TO 15 | 122 | $995,000 |
| 2022-09 | 4-Room | 13 TO 15 | 101 | $810,000 |
| 2022-02 | 5-Room | 07 TO 09 | 124 | $955,000 |
| 2021-08 | 4-Room | 16 TO 18 | 100 | $750,000 |
| 2021-03 | 5-Room | 28 TO 30 | 126 | $990,000 |
| 2020-11 | 5-Room | 28 TO 30 | 124 | $970,000 |
| 2020-09 | 4-Room | 01 TO 03 | 101 | $550,000 |
| 2020-08 | 5-Room | 28 TO 30 | 126 | $969,000 |
| 2020-02 | 4-Room | 04 TO 06 | 101 | $625,000 |
| 2020-02 | 5-Room | 04 TO 06 | 122 | $765,000 |
| 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 $1,052,000 (6 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 4-room flat here, our price model estimates $794,422–$888,676 (central estimate $841,549). Recent sales — median $880,000 — sit within that range.
The median monthly rent is $4,375/mo over the last 12 months (2 contracts).
The block was completed in 1998 and its 99-year lease runs from 2002.