Block 116 Lorong 2 Toa Payoh

3 Room · Built 1970 · 43 years remaining lease MOP Cleared
Latest Sale
$360,000
Jan 2026 · 3 ROOM · #16-18
Median $/sqm
$5,079
Based on 65 transactions
Total Transactions
65
Since Jan 2017
5-Year Trend
▲ +46.6%
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
Remaining lease
↓ 1.03%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 43 years remaining, decay is accelerating (~1.03%/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
Jan 2026 16 TO 18 3 ROOM 63 sqm $360,000 $5,714
Nov 2025 10 TO 12 3 ROOM 63 sqm $399,000 $6,333
Nov 2025 10 TO 12 3 ROOM 63 sqm $420,000 $6,667
Oct 2025 04 TO 06 3 ROOM 72 sqm $430,000 $5,972
Sep 2025 13 TO 15 3 ROOM 72 sqm $430,000 $5,972
Aug 2025 16 TO 18 3 ROOM 63 sqm $410,000 $6,508
Aug 2025 10 TO 12 3 ROOM 72 sqm $478,000 $6,639
Jun 2025 16 TO 18 3 ROOM 63 sqm $410,000 $6,508
Apr 2025 16 TO 18 3 ROOM 63 sqm $438,000 $6,952
Feb 2025 13 TO 15 3 ROOM 63 sqm $436,168 $6,923
Oct 2024 04 TO 06 3 ROOM 63 sqm $405,000 $6,429
Oct 2024 13 TO 15 3 ROOM 63 sqm $420,000 $6,667
Oct 2024 13 TO 15 3 ROOM 72 sqm $470,000 $6,528
Jul 2024 07 TO 09 3 ROOM 63 sqm $370,000 $5,873
Jun 2024 13 TO 15 3 ROOM 63 sqm $405,000 $6,429
Apr 2024 19 TO 21 3 ROOM 62 sqm $420,000 $6,774
Feb 2024 19 TO 21 3 ROOM 63 sqm $373,888 $5,935
Feb 2024 10 TO 12 3 ROOM 63 sqm $398,000 $6,317
Feb 2024 16 TO 18 3 ROOM 72 sqm $435,000 $6,042
Nov 2023 04 TO 06 3 ROOM 62 sqm $378,888 $6,111
Showing 20 of 65 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 116 Lorong 2 Toa Payoh

Block 116 at Lorong 2 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 $240,000 to $478,000 based on 65 recorded transactions since January 2017. The most recent transaction was a 3 room flat on storeys 16 TO 18 sold for $360,000 in 2026-01. The current median price per square metre is $5,079. Over the past five years, resale prices at this block have increased by approximately 46.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.7722, with an annual lease decay rate of approximately 1.03%. 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 116 Lorong 2 Toa Payoh worth?

The most recent resale transaction at Block 116 Lorong 2 Toa Payoh was $360,000 for a 3 room flat in 2026-01. The median price per square metre across all flat types is $5,079, based on 65 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 116 Lorong 2 Toa Payoh?

Block 116 Lorong 2 Toa Payoh was built in 1970 and has approximately 43 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.03%, meaning the leasehold value decreases by approximately 1.03% per year at the current remaining lease.

What flat types are available at Block 116 Lorong 2 Toa Payoh?

Block 116 Lorong 2 Toa Payoh in Toa Payoh contains 3 room flats. Resale prices range from $240,000 to $478,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 116 Lorong 2 Toa Payoh gone up or down?

Resale prices at Block 116 Lorong 2 Toa Payoh have increased by approximately 46.6% over the past five years. The current median price is $328,000, with the most recent sale at $360,000 in 2026-01.

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