Block 128 Lorong 1 Toa Payoh

3 Room · Built 1970 · 43 years remaining lease MOP Cleared
Latest Sale
$388,000
Oct 2025 · 3 ROOM · #07-09
Median $/sqm
$4,627
Based on 43 transactions
Total Transactions
43
Since Jan 2017
5-Year Trend
▲ +39.8%
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
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Future Value Projection
Estimated value in --
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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.
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Lease Decay Projection
0 years 43 years remaining 99 years
43 years 3 months
Remaining lease
↓ 1.02%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 43 years remaining, decay is accelerating (~1.02%/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
Oct 2025 07 TO 09 3 ROOM 67 sqm $388,000 $5,791
Jul 2025 04 TO 06 3 ROOM 67 sqm $395,000 $5,896
Dec 2024 07 TO 09 3 ROOM 67 sqm $400,000 $5,970
Sep 2024 10 TO 12 3 ROOM 67 sqm $387,000 $5,776
Aug 2024 10 TO 12 3 ROOM 67 sqm $385,000 $5,746
Jul 2024 13 TO 15 3 ROOM 67 sqm $383,000 $5,716
Jul 2023 04 TO 06 3 ROOM 67 sqm $355,000 $5,299
May 2023 04 TO 06 3 ROOM 67 sqm $321,000 $4,791
Dec 2022 16 TO 18 3 ROOM 67 sqm $360,000 $5,373
Nov 2022 04 TO 06 3 ROOM 67 sqm $333,000 $4,970
Oct 2022 07 TO 09 3 ROOM 67 sqm $335,000 $5,000
Aug 2022 07 TO 09 3 ROOM 67 sqm $360,000 $5,373
Aug 2022 13 TO 15 3 ROOM 67 sqm $360,000 $5,373
Aug 2022 10 TO 12 3 ROOM 67 sqm $371,000 $5,537
Jun 2022 07 TO 09 3 ROOM 67 sqm $320,000 $4,776
Jun 2022 10 TO 12 3 ROOM 67 sqm $325,000 $4,851
Mar 2022 16 TO 18 3 ROOM 67 sqm $330,000 $4,925
Feb 2022 10 TO 12 3 ROOM 67 sqm $320,000 $4,776
Jan 2022 16 TO 18 3 ROOM 67 sqm $325,000 $4,851
Nov 2021 04 TO 06 3 ROOM 67 sqm $280,000 $4,179
Showing 20 of 43 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 128 Lorong 1 Toa Payoh

Block 128 at Lorong 1 Toa Payoh is a residential HDB block in Toa Payoh, Singapore, built in 1970 with approximately 43 years remaining on its 99-year lease. The block contains 3 room flats, with resale prices ranging from $250,000 to $400,000 based on 43 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 07 TO 09 sold for $388,000 in 2025-10. The current median price per square metre is $4,627. Over the past five years, resale prices at this block have increased by approximately 39.8%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7741, with an annual lease decay rate of approximately 1.02%. 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 128 Lorong 1 Toa Payoh worth?

The most recent resale transaction at Block 128 Lorong 1 Toa Payoh was $388,000 for a 3 room flat in 2025-10. The median price per square metre across all flat types is $4,627, based on 43 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 128 Lorong 1 Toa Payoh?

Block 128 Lorong 1 Toa Payoh was built in 1970 and has approximately 43 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.02%, meaning the leasehold value decreases by approximately 1.02% per year at the current remaining lease.

What flat types are available at Block 128 Lorong 1 Toa Payoh?

Block 128 Lorong 1 Toa Payoh in Toa Payoh contains 3 room flats. Resale prices range from $250,000 to $400,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 128 Lorong 1 Toa Payoh gone up or down?

Resale prices at Block 128 Lorong 1 Toa Payoh have increased by approximately 39.8% over the past five years. The current median price is $310,000, with the most recent sale at $388,000 in 2025-10.

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