HDB Resale & Rent — Singapore

Blk 232 Lor 8 Toa Payoh — HDB resale prices

Blk 232 Lor 8 Toa Payoh is an HDB block in Toa Payoh (completed in 1976, 12 storeys, 174 units). As of Jul 2026, its median resale price over the last 24 months is $364,000, about 61% below the Toa Payoh median, from 10 sales. 210 resale transactions have been recorded here since 1990.

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Price history at a glance

$149K$298K$447K19901995200020052010201520202025nominalreal (today's $)

Block facts

TownToa Payoh
Completed1976
Lease from1976
Storeys12
Dwelling units174
Unit mix (sold)3-room ×171 · 5-room ×2
Recorded resales210 since 1990

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

Flat typeMedian priceMedian $/m²Sales
3-Room$364,000$5,600/m²10

Median monthly rent at this block: $2,800/mo (5 rental contracts, last 12 months).

Estimated gross rental yield: ~9.2% (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 85% of Toa Payoh blocks with recent sales.

What the price model says

For a typical 3-room flat here, our price model estimates $371,800–$415,911 (central estimate $393,855). Recent sales — median $360,208 — 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$40,000$74,8845
1991$40,000$72,39411
1992$42,000$74,3465
1993$75,000$129,7877
1994$85,000$142,6774
1995$118,500$195,53610
1996$175,000$284,8347
1997$197,500$315,0838
1998$162,250$259,5526
1999$141,500$226,30413
2000$148,500$234,3398
2001$139,500$217,9286
2002$134,000$210,15911
2003$130,000$202,8958
2004$149,000$228,7257
2005$162,500$248,2743
2006$170,000$257,2478
2007$180,000$266,7514
2008$215,000$298,7936
2009$252,500$348,8565
2010$277,500$372,8498
2011$299,750$382,6484
2012$315,000$384,5023
2013$354,000$422,1283
2014$310,000$365,8775
2015$294,000$348,8176
2016$302,000$360,2143
2017$292,000$346,2896
2018$260,000$306,9945
2019$231,000$271,2134
2020$252,000$296,3793
2021$250,000$287,3711
2022$330,000$357,4163
2023$360,000$371,9323
2024$382,500$385,9542
2025$368,000$368,0005
2026$344,000$344,0004

Records

Record sale$385,000 (3-Room, 2025-07)
First recorded sale$37,000 (1990-01)
Busiest year1999 · 13 sales
10-year change (real)-5% (-0.5%/yr, 2016→2026)
Total transacted$40.2M across 210 sales

Recent resale transactions

MonthFlat typeStoreyArea (m²)Price
2026-043-Room07 TO 0965$340,000
2026-043-Room04 TO 0665$365,000
2026-043-Room10 TO 1265$343,000
2026-013-Room07 TO 0965$345,000
2025-093-Room04 TO 0665$343,000
2025-083-Room04 TO 0665$383,000
2025-073-Room04 TO 0665$385,000
2025-063-Room07 TO 0965$368,000
2025-063-Room04 TO 0665$363,000
2024-113-Room10 TO 1265$382,000
2024-053-Room10 TO 1265$383,000
2023-123-Room07 TO 0965$360,000
2023-083-Room07 TO 0965$360,000
2023-053-Room10 TO 1265$342,000
2022-083-Room04 TO 0665$322,000
2022-073-Room10 TO 1265$330,000
2022-023-Room10 TO 1265$330,000
2021-103-Room10 TO 1265$250,000
2020-123-Room07 TO 0965$252,000
2020-113-Room10 TO 1265$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 232 Lor 8 Toa Payoh cost?

The median resale price over the last 24 months is $364,000 (10 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.

Is Blk 232 Lor 8 Toa Payoh fairly priced?

For a typical 3-room flat here, our price model estimates $371,800–$415,911 (central estimate $393,855). Recent sales — median $360,208 — sit below that range.

What is the rent at Blk 232 Lor 8 Toa Payoh?

The median monthly rent is $2,800/mo over the last 12 months (5 contracts).

How old is Blk 232 Lor 8 Toa Payoh?

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