HDB Resale & Rent — Singapore

Blk 231 Lor 8 Toa Payoh — HDB resale prices

Blk 231 Lor 8 Toa Payoh is an HDB block in Toa Payoh (completed in 1976, 12 storeys, 176 units). As of Jul 2026, its median resale price over the last 24 months is $350,000, about 63% below the Toa Payoh median, from 5 sales. 204 resale transactions have been recorded here since 1990.

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Price history at a glance

$156K$311K$467K19901995200020052010201520202025nominalreal (today's $)

Block facts

TownToa Payoh
Completed1976
Lease from1976
Storeys12
Dwelling units176
Unit mix (sold)3-room ×176
Recorded resales204 since 1990

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

Flat typeMedian priceMedian $/m²Sales
3-Room$350,000$5,385/m²5

Median monthly rent at this block: $2,850/mo (9 rental contracts, last 12 months).

Estimated gross rental yield: ~9.8% (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 94% of Toa Payoh blocks with recent sales.

What the price model says

For a typical 3-room flat here, our price model estimates $352,655–$394,495 (central estimate $373,575). Recent sales — median $350,000 — 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$39,500$73,9486
1991$40,000$72,3945
1992$40,000$70,8055
1993$55,000$95,1776
1994$91,000$152,7498
1995$123,000$202,96111
1996$154,000$250,65411
1997$219,000$349,3834
1998$152,000$243,1557
1999$142,500$227,90410
2000$142,000$224,0826
2001$132,000$206,21111
2002$137,000$214,8649
2003$136,000$212,2608
2004$170,000$260,9617
2005$165,000$252,0933
2006$155,000$234,5495
2007$170,000$251,93111
2008$203,000$282,1164
2009$241,000$332,9687
2010$288,000$386,9573
2011$316,500$404,0316
2012$361,000$440,6511
2013$316,000$376,8152
2014$316,500$373,5496
2015$292,500$347,0372
2016$271,000$323,2392
2017$263,500$312,4903
2018$243,999$288,1015
2019$232,500$272,9744
2020$232,500$273,4454
2021$263,500$302,8896
2022$320,000$346,5869
2024$356,000$359,2152
2025$350,000$350,0003
2026$347,500$347,5002

Records

Record sale$390,000 (3-Room, 2025-08)
First recorded sale$39,000 (1990-07)
Busiest year1995 · 11 sales
10-year change (real)+8% (+0.7%/yr, 2016→2026)
Total transacted$37.4M across 204 sales

Recent resale transactions

MonthFlat typeStoreyArea (m²)Price
2026-053-Room01 TO 0365$355,000
2026-013-Room01 TO 0365$340,000
2025-093-Room01 TO 0365$350,000
2025-083-Room10 TO 1265$390,000
2025-043-Room10 TO 1265$350,000
2024-063-Room07 TO 0965$357,000
2024-023-Room10 TO 1265$355,000
2022-113-Room04 TO 0665$330,000
2022-113-Room10 TO 1265$333,000
2022-103-Room04 TO 0665$318,000
2022-103-Room04 TO 0665$328,000
2022-103-Room07 TO 0965$355,000
2022-083-Room07 TO 0965$320,000
2022-063-Room10 TO 1265$290,000
2022-033-Room04 TO 0665$250,000
2022-033-Room01 TO 0365$318,000
2021-093-Room10 TO 1265$285,000
2021-083-Room01 TO 0365$288,000
2021-063-Room01 TO 0365$265,000
2021-043-Room07 TO 0965$260,000

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 231 Lor 8 Toa Payoh cost?

The median resale price over the last 24 months is $350,000 (5 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.

Is Blk 231 Lor 8 Toa Payoh fairly priced?

For a typical 3-room flat here, our price model estimates $352,655–$394,495 (central estimate $373,575). Recent sales — median $350,000 — sit below that range.

What is the rent at Blk 231 Lor 8 Toa Payoh?

The median monthly rent is $2,850/mo over the last 12 months (9 contracts).

How old is Blk 231 Lor 8 Toa Payoh?

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