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Blk 229 Lorong 8 Toa Payoh — HDB resale prices

HDB resale prices, Toa Payoh · 5-Room · built 1976

$688,000

median resale price, last 24 months
5 sales in that window · as of Sep 2026

Dearer than 83% of the 24 priced blocks on Lorong 8 Toa Payohp83

How it compares

This block$688,000Lorong 8 Toa Payoh median$477,500Toa Payoh median$797,500

Blk 229 Lorong 8 Toa Payoh is an HDB block in Toa Payoh (completed in 1976, 25 storeys, 96 units). As of Sep 2026, its median resale price over the last 24 months is $688,000, about 14% below the Toa Payoh median, from 5 sales. 111 resale transactions have been recorded here since 1990.

Price by year

1990 · $128,5001990: $128,5001991 · $128,0001991: $128,0001992 · $170,0001992: $170,0001993 · $235,0001993: $235,0001994 · $248,0001994: $248,0001995 · $265,0001995: $265,0001996 · $485,0001996: $485,0001997 · $447,5001997: $447,5001998 · $373,5001998: $373,5001999 · $349,5001999: $349,5002000 · $359,0002000: $359,0002001 · $335,5002001: $335,5002002 · $331,0002002: $331,0002004 · $288,8002004: $288,8002005 · $279,0002005: $279,0002006 · $296,5002006: $296,5002007 · $341,5002007: $341,5002008 · $418,0002008: $418,0002009 · $432,5002009: $432,5002010 · $478,0002010: $478,0002011 · $565,0002011: $565,0002013 · $647,0002013: $647,0002014 · $580,0002014: $580,0002015 · $590,0002015: $590,0002016 · $537,5002016: $537,5002017 · $615,0002017: $615,0002018 · $529,0002018: $529,0002019 · $515,0002019: $515,0002020 · $512,5002020: $512,5002021 · $520,0002021: $520,0002022 · $574,4442022: $574,4442023 · $596,5002023: $596,5002025 · $730,0002025: $730,0002026 · $670,0002026: $670,00019902026

At a glance

1976built
25storeys
96dwelling units
$6,035/m²median $/m²
111resales since 1990

Unit mix (sold): 5-room ×96

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

5-Room$688,000$6,035/m² · 5 sales

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

Estimated gross rental yield: ~5.5% (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 65% of Toa Payoh blocks with recent sales.

What the price model says

For a typical 5-room flat here, our price model estimates $649,863–$726,528 (central estimate $688,195). 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 typeStoreyAreaPrice
2026-055-Room16–18117 m²$670,000
2026-035-Room13–15114 m²$670,000
2025-075-Room25–27117 m²$745,000
2025-055-Room19–21119 m²$730,000
2025-015-Room07–09114 m²$688,000
2023-075-Room13–15117 m²$605,000
2023-025-Room16–18117 m²$588,000
2022-125-Room04–06117 m²$582,888
2022-045-Room25–27117 m²$608,168
2022-045-Room19–21117 m²$550,000
2022-035-Room07–09117 m²$566,000
2021-075-Room10–12117 m²$540,000
2021-065-Room10–12114 m²$550,000
2021-065-Room22–24114 m²$520,000
2021-045-Room10–12117 m²$510,000
2021-035-Room13–15117 m²$520,000
2020-125-Room16–18114 m²$515,000
2020-125-Room13–15117 m²$510,000
2020-065-Room19–21117 m²$515,000
2020-025-Room04–06117 m²$470,000

Lorong 8 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 229 Lorong 8 Toa Payoh cost?

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

Is Blk 229 Lorong 8 Toa Payoh fairly priced?

For a typical 5-room flat here, our price model estimates $649,863–$726,528 (central estimate $688,195). Recent sales — median $658,695 — sit within that range.

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

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

How old is Blk 229 Lorong 8 Toa Payoh?

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

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