Blk 23 Toa Payoh East is an HDB block in Toa Payoh (completed in 1969, 11 storeys, 176 units). As of Jul 2026, its median resale price over the last 24 months is $388,000, about 59% below the Toa Payoh median, from 5 sales. 178 resale transactions have been recorded here since 1990.
Explore this block on the interactive map →| Town | Toa Payoh |
|---|---|
| Completed | 1969 |
| Lease from | 1970 |
| Storeys | 11 |
| Dwelling units | 176 |
| Unit mix (sold) | 3-room ×176 |
| Recorded resales | 178 since 1990 |
| Flat type | Median price | Median $/m² | Sales |
|---|---|---|---|
| 3-Room | $388,000 | $5,791/m² | 5 |
Median monthly rent at this block: $2,800/mo (9 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 75% of Toa Payoh blocks with recent sales.
For a typical 3-room flat here, our price model estimates $327,317–$366,152 (central estimate $346,735). Recent sales — median $359,583 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 1990 | $37,000 | $69,268 | 6 |
| 1991 | $43,000 | $77,824 | 5 |
| 1992 | $42,000 | $74,346 | 7 |
| 1993 | $80,000 | $138,439 | 5 |
| 1994 | $82,000 | $137,642 | 7 |
| 1995 | $120,000 | $198,011 | 6 |
| 1996 | $173,250 | $281,986 | 10 |
| 1997 | $196,500 | $313,487 | 4 |
| 1998 | $149,500 | $239,156 | 6 |
| 1999 | $137,000 | $219,108 | 9 |
| 2000 | $145,000 | $228,816 | 10 |
| 2001 | $137,000 | $214,022 | 9 |
| 2002 | $145,000 | $227,411 | 5 |
| 2003 | $200,000 | $312,147 | 3 |
| 2004 | $178,200 | $273,549 | 7 |
| 2005 | $184,000 | $281,122 | 5 |
| 2006 | $172,000 | $260,274 | 5 |
| 2007 | $171,000 | $253,413 | 5 |
| 2008 | $225,000 | $312,690 | 3 |
| 2009 | $249,000 | $344,020 | 6 |
| 2010 | $289,750 | $389,308 | 6 |
| 2011 | $329,000 | $419,988 | 7 |
| 2012 | $338,000 | $412,576 | 3 |
| 2014 | $323,500 | $381,810 | 4 |
| 2015 | $336,333 | $399,043 | 1 |
| 2016 | $305,000 | $363,793 | 3 |
| 2018 | $240,000 | $283,379 | 3 |
| 2019 | $240,000 | $281,780 | 3 |
| 2020 | $220,000 | $258,744 | 3 |
| 2021 | $265,000 | $304,614 | 7 |
| 2022 | $315,000 | $341,170 | 7 |
| 2023 | $330,000 | $340,937 | 3 |
| 2025 | $387,444 | $387,444 | 4 |
| 2026 | $390,000 | $390,000 | 1 |
| Record sale | $399,000 (3-Room, 2025-12) |
|---|---|
| First recorded sale | $34,000 (1990-01) |
| Busiest year | 1996 · 10 sales |
| 10-year change (real) | +7% (+0.7%/yr, 2016→2026) |
| Total transacted | $34.0M across 178 sales |
| Month | Flat type | Storey | Area (m²) | Price |
|---|---|---|---|---|
| 2026-01 | 3-Room | 10 TO 12 | 67 | $390,000 |
| 2025-12 | 3-Room | 01 TO 03 | 65 | $399,000 |
| 2025-09 | 3-Room | 04 TO 06 | 67 | $375,000 |
| 2025-05 | 3-Room | 07 TO 09 | 67 | $388,000 |
| 2025-03 | 3-Room | 04 TO 06 | 67 | $386,888 |
| 2023-10 | 3-Room | 04 TO 06 | 67 | $330,000 |
| 2023-10 | 3-Room | 07 TO 09 | 67 | $370,000 |
| 2023-07 | 3-Room | 04 TO 06 | 67 | $330,000 |
| 2022-12 | 3-Room | 07 TO 09 | 67 | $332,000 |
| 2022-11 | 3-Room | 07 TO 09 | 67 | $338,000 |
| 2022-10 | 3-Room | 07 TO 09 | 67 | $338,000 |
| 2022-06 | 3-Room | 01 TO 03 | 65 | $295,000 |
| 2022-06 | 3-Room | 01 TO 03 | 65 | $313,000 |
| 2022-05 | 3-Room | 04 TO 06 | 67 | $307,000 |
| 2022-04 | 3-Room | 01 TO 03 | 67 | $315,000 |
| 2021-11 | 3-Room | 01 TO 03 | 67 | $270,000 |
| 2021-11 | 3-Room | 04 TO 06 | 67 | $298,000 |
| 2021-07 | 3-Room | 04 TO 06 | 67 | $265,000 |
| 2021-06 | 3-Room | 04 TO 06 | 67 | $269,000 |
| 2021-04 | 3-Room | 01 TO 03 | 67 | $260,000 |
| Block | Median (24 mo) | Median $/m² |
|---|---|---|
| 1. Blk 264 | $1,004,444 | $10,800/m² |
| 2. Blk 261 | $977,038 | $10,506/m² |
| 3. Blk 262 | $770,888 | $10,809/m² |
| 4. Blk 263 | $770,000 | $10,753/m² |
| 5. Blk 23 | $388,000 | $5,791/m² |
| 6. Blk 27 | $366,500 | $5,470/m² |
| 7. Blk 25 | $360,000 | $5,373/m² |
| 8. Blk 26 | $360,000 | $5,373/m² |
The median resale price over the last 24 months is $388,000 (5 sales, as of Jul 2026). See the by-type table above for 3-room vs 4-room medians.
For a typical 3-room flat here, our price model estimates $327,317–$366,152 (central estimate $346,735). Recent sales — median $359,583 — sit within that range.
The median monthly rent is $2,800/mo over the last 12 months (9 contracts).
The block was completed in 1969 and its 99-year lease runs from 1970.