Block 120 Lorong 2 Toa Payoh
Block 120 Lorong 2 Toa Payoh has 52 recorded HDB resale transactions since 2017. Latest sale: $272,000 (Apr 2026, 2 room, floors 07–09). Median $6,283/sqm. Prices up 22.6% over the past five years. Built 1968, 41 years lease remaining.
How this block compares
- 2 Room$278,000+0.0%vs town(+$0)−25.9%vs national(−$97k)
Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 2-Room | $2,150 typically $2,000–$2,450 | 9.3% | 6 rentals here |
This block is inside the 1 km Primary 1 priority zone for 3 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- This home
- School within 1 km
- School 1–2 km
- 1km ring, top priority
- 2km ring, next tier
Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.
Other HDB blocks closest to Block 120 Lorong 2 Toa Payoh in Toa Payoh, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Apr 2026 | 07 TO 09 | 2 ROOM | 40 sqm | $272,000 | $6,800 |
| Apr 2026 | 04 TO 06 | 2 ROOM | 40 sqm | $295,000 | $7,375 |
| Mar 2026 | 07 TO 09 | 2 ROOM | 40 sqm | $278,000 | $6,950 |
| Feb 2026 | 04 TO 06 | 2 ROOM | 40 sqm | $310,000 | $7,750 |
| Jan 2026 | 01 TO 03 | 2 ROOM | 40 sqm | $272,000 | $6,800 |
| May 2025 | 01 TO 03 | 2 ROOM | 38 sqm | $270,000 | $7,105 |
| May 2025 | 04 TO 06 | 2 ROOM | 40 sqm | $305,000 | $7,625 |
| Apr 2025 | 07 TO 09 | 2 ROOM | 40 sqm | $315,000 | $7,875 |
| Mar 2025 | 07 TO 09 | 2 ROOM | 40 sqm | $297,000 | $7,425 |
| Mar 2025 | 04 TO 06 | 2 ROOM | 40 sqm | $285,000 | $7,125 |
| Feb 2025 | 04 TO 06 | 2 ROOM | 40 sqm | $280,000 | $7,000 |
| Sep 2024 | 04 TO 06 | 2 ROOM | 40 sqm | $280,000 | $7,000 |
| Sep 2024 | 07 TO 09 | 2 ROOM | 40 sqm | $302,000 | $7,550 |
| Aug 2024 | 04 TO 06 | 2 ROOM | 40 sqm | $280,000 | $7,000 |
| Mar 2024 | 04 TO 06 | 2 ROOM | 45 sqm | $290,000 | $6,444 |
| Nov 2023 | 04 TO 06 | 2 ROOM | 40 sqm | $250,000 | $6,250 |
| Oct 2023 | 07 TO 09 | 2 ROOM | 40 sqm | $266,888 | $6,672 |
| Jul 2023 | 04 TO 06 | 2 ROOM | 45 sqm | $295,000 | $6,556 |
| Apr 2023 | 01 TO 03 | 2 ROOM | 38 sqm | $240,000 | $6,316 |
| Jan 2023 | 04 TO 06 | 2 ROOM | 40 sqm | $268,888 | $6,722 |
About Block 120 Lorong 2 Toa Payoh
Block 120 Lorong 2 Toa Payoh is an ageing-lease HDB block in Toa Payoh, built in 1968 with about 41 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median sits about 54% below the Toa Payoh median, cheaper than about 97% of the town's blocks. It has a busy resale history, with 52 transactions since 2017 across 2 room flats priced from $181,000 to $315,000. The most recent transaction was a 2 room flat on storeys 07 TO 09 at $272,000 in Apr 2026, and the median works out to $6,283/sqm. Floor level matters here: units on the higher 07 TO 09 band have sold around 11% above those on the 01 TO 03 band. Over five years, prices here are up about 22.6%. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 120 Lorong 2 Toa Payoh worth?
The most recent resale transaction at Block 120 Lorong 2 Toa Payoh was $272,000 for a 2 room flat in 2026-04. The median price per square metre across all flat types is $6,283, based on 52 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 120 Lorong 2 Toa Payoh?
Block 120 Lorong 2 Toa Payoh was built in 1968 and has approximately 41 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 1.12%, meaning the leasehold value decreases by approximately 1.12% per year at the current remaining lease.
What flat types are available at Block 120 Lorong 2 Toa Payoh?
Block 120 Lorong 2 Toa Payoh in Toa Payoh contains 2 room flats. Resale prices range from $181,000 to $315,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 120 Lorong 2 Toa Payoh gone up or down?
Resale prices at Block 120 Lorong 2 Toa Payoh have increased by approximately 22.6% over the past five years. The current median price is $247,500, with the most recent sale at $272,000 in 2026-04.