Block 240 Lorong 1 Toa Payoh

Executive · Built 1986 · 61 years remaining lease MOP Cleared
Latest Sale
$1,068,888
Feb 2024 · EXECUTIVE · #07-09
Median $/sqm
$6,541
Based on 9 transactions
Total Transactions
9
Since Jan 2017
5-Year Trend
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Insufficient data
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 61 years remaining 99 years
61 years 9 months
Remaining lease
↓ 0.48%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.48%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Feb 2024 07 TO 09 EXECUTIVE 146 sqm $1,068,888 $7,321
Jun 2023 07 TO 09 EXECUTIVE 146 sqm $1,050,000 $7,192
May 2023 01 TO 03 EXECUTIVE 146 sqm $913,000 $6,253
Apr 2023 01 TO 03 EXECUTIVE 146 sqm $900,000 $6,164
Jul 2022 04 TO 06 EXECUTIVE 146 sqm $955,000 $6,541
Apr 2022 04 TO 06 EXECUTIVE 146 sqm $968,000 $6,630
Feb 2022 07 TO 09 EXECUTIVE 146 sqm $988,888 $6,773
Jul 2021 04 TO 06 EXECUTIVE 146 sqm $938,000 $6,425
Aug 2020 01 TO 03 EXECUTIVE 146 sqm $760,000 $5,205
Showing 9 of 9 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 240 Lorong 1 Toa Payoh

Block 240 at Lorong 1 Toa Payoh is a residential HDB block in Toa Payoh, Singapore, built in 1986 with approximately 61 years remaining on its 99-year lease. The block contains executive flats, with resale prices ranging from $760,000 to $1,068,888 based on 9 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 07 TO 09 sold for $1,068,888 in 2024-02. The current median price per square metre is $6,541. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8805, with an annual lease decay rate of approximately 0.48%. 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 240 Lorong 1 Toa Payoh worth?

The most recent resale transaction at Block 240 Lorong 1 Toa Payoh was $1,068,888 for a executive flat in 2024-02. The median price per square metre across all flat types is $6,541, based on 9 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 240 Lorong 1 Toa Payoh?

Block 240 Lorong 1 Toa Payoh was built in 1986 and has approximately 61 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.48%, meaning the leasehold value decreases by approximately 0.48% per year at the current remaining lease.

What flat types are available at Block 240 Lorong 1 Toa Payoh?

Block 240 Lorong 1 Toa Payoh in Toa Payoh contains executive flats. Resale prices range from $760,000 to $1,068,888 based on historical transaction records from data.gov.sg.

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