Block 118 Lorong 1 Toa Payoh

3 Room · 5 Room · Built 1968 · 41 years remaining lease MOP Cleared
Latest Sale
$800,000
Feb 2026 · 5 ROOM · #07-09
Median $/sqm
$5,222
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
▲ +33.3%
Median price change
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
Future Value Projection
Estimated value in --
--
Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
Track this unit's value Get notified when new sales happen in Block 118
You'll receive updates when new transactions are recorded for this block.
Lease Decay Projection
0 years 41 years remaining 99 years
41 years 5 months
Remaining lease
↓ 1.11%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 41 years remaining, decay is accelerating (~1.11%/yr). It accelerates significantly below 40 years. Lease decay is approaching the rate where it offsets market appreciation.
All Transactions
Date Floor Type Area Price $/sqm
Feb 2026 07 TO 09 5 ROOM 130 sqm $800,000 $6,154
Jan 2026 07 TO 09 3 ROOM 65 sqm $400,000 $6,154
Nov 2025 07 TO 09 3 ROOM 65 sqm $400,000 $6,154
Oct 2025 04 TO 06 3 ROOM 65 sqm $338,888 $5,214
Sep 2025 01 TO 03 3 ROOM 65 sqm $355,888 $5,475
Dec 2024 01 TO 03 3 ROOM 65 sqm $350,000 $5,385
Oct 2024 01 TO 03 3 ROOM 64 sqm $360,000 $5,625
Apr 2024 07 TO 09 3 ROOM 65 sqm $365,000 $5,615
Sep 2023 04 TO 06 3 ROOM 65 sqm $370,000 $5,692
Feb 2023 07 TO 09 3 ROOM 65 sqm $388,000 $5,969
Aug 2022 04 TO 06 3 ROOM 65 sqm $324,000 $4,985
Oct 2021 07 TO 09 3 ROOM 65 sqm $310,000 $4,769
Jan 2021 04 TO 06 3 ROOM 65 sqm $290,000 $4,462
Jun 2020 04 TO 06 3 ROOM 65 sqm $340,000 $5,231
Jan 2020 01 TO 03 3 ROOM 64 sqm $235,000 $3,672
Jul 2019 01 TO 03 3 ROOM 64 sqm $233,000 $3,641
Jul 2019 10 TO 12 3 ROOM 65 sqm $280,000 $4,308
Dec 2018 04 TO 06 3 ROOM 65 sqm $240,000 $3,692
Jun 2018 04 TO 06 3 ROOM 65 sqm $283,000 $4,354
May 2017 10 TO 12 3 ROOM 65 sqm $332,000 $5,108
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 118 Lorong 1 Toa Payoh

Block 118 at Lorong 1 Toa Payoh is a residential HDB block in Toa Payoh, Singapore, built in 1968 with approximately 41 years remaining on its 99-year lease. The block contains 3 room, 5 room flats, with resale prices ranging from $233,000 to $800,000 based on 20 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $800,000 in 2026-02. The current median price per square metre is $5,222. Over the past five years, resale prices at this block have increased by approximately 33.3%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7594, with an annual lease decay rate of approximately 1.11%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 118 Lorong 1 Toa Payoh worth?

The most recent resale transaction at Block 118 Lorong 1 Toa Payoh was $800,000 for a 5 room flat in 2026-02. The median price per square metre across all flat types is $5,222, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 118 Lorong 1 Toa Payoh?

Block 118 Lorong 1 Toa Payoh was built in 1968 and has approximately 41 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.11%, meaning the leasehold value decreases by approximately 1.11% per year at the current remaining lease.

What flat types are available at Block 118 Lorong 1 Toa Payoh?

Block 118 Lorong 1 Toa Payoh in Toa Payoh contains 3 room, 5 room flats. Resale prices range from $233,000 to $800,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 118 Lorong 1 Toa Payoh gone up or down?

Resale prices at Block 118 Lorong 1 Toa Payoh have increased by approximately 33.3% over the past five years. The current median price is $339,444, with the most recent sale at $800,000 in 2026-02.

Link copied to clipboard