HDB Resale & Rent — Singapore

Blk 229 Lor 8 Toa Payoh — HDB resale prices

Blk 229 Lor 8 Toa Payoh is an HDB block in Toa Payoh (completed in 1976, 25 storeys, 96 units). As of Jul 2026, its median resale price over the last 24 months is $688,000, about 27% below the Toa Payoh median, from 5 sales. 111 resale transactions have been recorded here since 1990.

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Price history at a glance

$279K$558K$837K19901995200020052010201520202025nominalreal (today's $)

Block facts

TownToa Payoh
Completed1976
Lease from1976
Storeys25
Dwelling units96
Unit mix (sold)5-room ×96
Recorded resales111 since 1990

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

Flat typeMedian priceMedian $/m²Sales
5-Room$688,000$6,035/m²5

Median monthly rent at this block: $3,150/mo (2 rental contracts, last 12 months).

Estimated gross rental yield: ~5.5% (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 64% of Toa Payoh blocks with recent sales.

What the price model says

For a typical 5-room flat here, our price model estimates $645,968–$722,608 (central estimate $684,288). Recent sales — median $658,695 — sit within 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$128,500$240,5662
1991$128,000$231,6613
1992$170,000$300,9236
1993$235,000$406,6656
1994$248,000$416,2823
1995$265,000$437,2741
1996$485,000$789,3983
1997$447,500$713,9212
1998$373,500$597,4908
1999$349,500$558,96410
2000$359,000$566,5163
2001$335,500$524,1214
2002$331,000$519,1245
2004$288,800$443,3273
2005$279,000$426,2672
2006$296,500$448,6702
2007$341,500$506,0864
2008$418,000$580,9091
2009$432,500$597,5462
2010$478,000$642,2415
2011$565,000$721,2557
2013$647,000$771,5171
2014$580,000$684,5441
2015$590,000$700,0071
2016$537,500$641,1102
2017$615,000$729,3421
2018$529,000$624,6152
2019$515,000$604,6521
2020$512,500$602,7554
2021$520,000$597,7335
2022$574,444$622,1694
2023$596,500$616,2702
2025$730,000$730,0003
2026$670,000$670,0002

Records

Record sale$745,000 (5-Room, 2025-07)
First recorded sale$126,000 (1990-03)
Busiest year1999 · 10 sales
10-year change (real)+5% (+0.4%/yr, 2016→2026)
Total transacted$44.6M across 111 sales

Recent resale transactions

MonthFlat typeStoreyArea (m²)Price
2026-055-Room16 TO 18117$670,000
2026-035-Room13 TO 15114$670,000
2025-075-Room25 TO 27117$745,000
2025-055-Room19 TO 21119$730,000
2025-015-Room07 TO 09114$688,000
2023-075-Room13 TO 15117$605,000
2023-025-Room16 TO 18117$588,000
2022-125-Room04 TO 06117$582,888
2022-045-Room19 TO 21117$550,000
2022-045-Room25 TO 27117$608,168
2022-035-Room07 TO 09117$566,000
2021-075-Room10 TO 12117$540,000
2021-065-Room22 TO 24114$520,000
2021-065-Room10 TO 12114$550,000
2021-045-Room10 TO 12117$510,000
2021-035-Room13 TO 15117$520,000
2020-125-Room16 TO 18114$515,000
2020-125-Room13 TO 15117$510,000
2020-065-Room19 TO 21117$515,000
2020-025-Room04 TO 06117$470,000

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 229 Lor 8 Toa Payoh cost?

The median resale price over the last 24 months is $688,000 (5 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.

Is Blk 229 Lor 8 Toa Payoh fairly priced?

For a typical 5-room flat here, our price model estimates $645,968–$722,608 (central estimate $684,288). Recent sales — median $658,695 — sit within that range.

What is the rent at Blk 229 Lor 8 Toa Payoh?

The median monthly rent is $3,150/mo over the last 12 months (2 contracts).

How old is Blk 229 Lor 8 Toa Payoh?

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