HDB Resale & Rent — Singapore

Blk 228 Lor 8 Toa Payoh — HDB resale prices

Blk 228 Lor 8 Toa Payoh is an HDB block in Toa Payoh (completed in 1975, 16 storeys, 150 units). As of Jul 2026, its median resale price over the last 24 months is $455,000, about 52% below the Toa Payoh median, from 5 sales. 139 resale transactions have been recorded here since 1990.

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Price history at a glance

$174K$348K$523K19901995200020052010201520202025nominalreal (today's $)

Block facts

TownToa Payoh
Completed1975
Lease from1976
Storeys16
Dwelling units150
Unit mix (sold)4-room ×150
Recorded resales139 since 1990

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

Flat typeMedian priceMedian $/m²Sales
4-Room$455,000$5,549/m²5

Median monthly rent at this block: $3,300/mo (5 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 88% of Toa Payoh blocks with recent sales.

What the price model says

For a typical 4-room flat here, our price model estimates $454,771–$508,727 (central estimate $481,749). Recent sales — median $439,086 — sit below 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$73,000$136,6642
1991$65,000$117,6415
1993$60,000$103,8293
1994$175,000$293,7475
1995$202,500$334,1434
1996$295,000$480,14911
1997$309,000$492,96510
1998$263,000$420,7229
1999$228,000$364,64611
2000$230,000$362,9496
2001$210,400$328,6894
2002$201,000$315,2396
2003$190,500$297,3206
2004$214,000$328,5044
2005$206,000$314,7353
2006$204,000$308,6974
2007$234,000$346,7764
2008$244,000$339,0955
2009$304,000$420,0092
2010$307,000$412,4851
2011$360,500$460,1991
2012$395,000$482,1535
2013$380,000$453,1321
2015$379,500$450,2592
2016$370,000$441,3223
2017$363,000$430,4902
2018$330,000$389,6463
2019$283,000$332,2653
2020$317,500$373,4144
2021$333,888$383,7991
2022$393,000$425,6512
2023$425,000$439,0861
2024$455,000$459,1093
2025$488,000$488,0003

Records

Record sale$520,000 (4-Room, 2025-08)
First recorded sale$72,000 (1990-08)
Busiest year1996 · 11 sales
10-year change (real)+8% (+0.8%/yr, 2015→2025)
Total transacted$36.5M across 139 sales

Recent resale transactions

MonthFlat typeStoreyArea (m²)Price
2025-114-Room01 TO 0382$420,000
2025-084-Room13 TO 1582$520,000
2025-044-Room10 TO 1282$488,000
2024-124-Room16 TO 1882$455,000
2024-094-Room01 TO 0382$430,000
2024-044-Room13 TO 1582$472,000
2023-104-Room16 TO 1882$425,000
2022-094-Room07 TO 0982$398,000
2022-054-Room04 TO 0682$388,000
2021-044-Room07 TO 0982$333,888
2020-114-Room04 TO 0682$315,000
2020-094-Room10 TO 1282$320,000
2020-074-Room10 TO 1282$310,000
2020-014-Room10 TO 1282$320,000
2019-114-Room01 TO 0382$283,000
2019-104-Room01 TO 0382$275,000
2019-024-Room13 TO 1582$363,888
2018-104-Room07 TO 0982$330,000
2018-084-Room13 TO 1582$352,000
2018-024-Room13 TO 1582$330,000

Lor 8 Toa Payoh blocks ranked by price

BlockMedian (24 mo)Median $/m²
1. Blk 215$750,000$6,410/m²
2. Blk 223$721,888$6,170/m²
3. Blk 11$715,000$7,030/m²
4. Blk 218$702,500$6,004/m²
5. Blk 224$695,000$5,940/m²
6. Blk 216$688,000$6,035/m²
7. Blk 229$688,000$6,035/m²
8. Blk 217$671,500$5,791/m²
9. Blk 230$510,000$4,474/m²
10. Blk 227$487,500$5,945/m²
11. Blk 221$485,000$5,915/m²
12. Blk 226$480,000$5,854/m²
13. Blk 214$475,000$5,793/m²
14. Blk 213$475,000$5,793/m²
15. Blk 220$474,000$5,780/m²

Showing the top 15 of 24 blocks.

More blocks on Lor 8 Toa Payoh

Blk 11 Blk 213 Blk 214 Blk 215 Blk 216 Blk 217 Blk 218 Blk 219 Blk 220 Blk 221 Blk 222 Blk 223 · All of Toa Payoh

Quick answers

How much does a flat at Blk 228 Lor 8 Toa Payoh cost?

The median resale price over the last 24 months is $455,000 (5 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.

Is Blk 228 Lor 8 Toa Payoh fairly priced?

For a typical 4-room flat here, our price model estimates $454,771–$508,727 (central estimate $481,749). Recent sales — median $439,086 — sit below that range.

What is the rent at Blk 228 Lor 8 Toa Payoh?

The median monthly rent is $3,300/mo over the last 12 months (5 contracts).

How old is Blk 228 Lor 8 Toa Payoh?

The block was completed in 1975 and its 99-year lease runs from 1976.