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Block 122 Lorong 2 Toa Payoh

4 Room · 5 Room · Built 1999 · 72 years remaining lease · Updated Jun 2026 MOP Cleared

Block 122 Lorong 2 Toa Payoh has 34 recorded HDB resale transactions since 2017. Latest sale: $928,000 (Jun 2026, 4 room, floors 19–21). Median $7,413/sqm. Prices up 25.3% over the past five years. Built 1999, 72 years lease remaining.

How this block compares

  • 4 Room$844,000
    −14.7%vs town(−$146k)+34.0%vs national(+$214k)

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.

Latest Sale
$928,000
Jun 2026 · 4 ROOM · Floor 19-21
Median $/sqm
$7,413
Based on 34 transactions
Total Transactions
34
Since Jan 2017
5-Year Trend
▲ +25.3%
Median price change
Median Price ?
Top 22%
#65 / 296 Top 22%
Latest Sale ?
Top 24%
#72 / 296 Top 24%
Value ($/sqm) ?
Top 17%
#50 / 296 Top 17%
5-Year Growth ?
Top 77%
#170 / 220 Top 77%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+4.6%/yr
vs
Lease Decay
−0.31%/yr
Growth assumption
Based on this block’s +25.3% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 72 years remaining 99 years
72 years 7 months
Remaining lease
↓ 0.31%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 72 years remaining, decay is gradual (~0.31%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Toa Payoh average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,700 typically $3,250–$4,000 4.5% Toa Payoh avg · block too thin
5-Room $4,000 typically $3,600–$4,300 4.5% Toa Payoh avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

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.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
3 schools in the 1 km top-priority zone
  • 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.

Nearby comparable homes

Other HDB blocks closest to Block 122 Lorong 2 Toa Payoh in Toa Payoh, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Toa Payoh
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Jun 2026 19 TO 21 4 ROOM 101 sqm $928,000 $9,188
Aug 2025 01 TO 03 4 ROOM 100 sqm $760,000 $7,600
Jul 2025 13 TO 15 5 ROOM 123 sqm $1,130,000 $9,187
Jun 2025 16 TO 18 4 ROOM 100 sqm $975,000 $9,750
Mar 2025 10 TO 12 5 ROOM 123 sqm $1,122,888 $9,129
Oct 2024 13 TO 15 4 ROOM 100 sqm $740,000 $7,400
Aug 2024 07 TO 09 4 ROOM 100 sqm $838,000 $8,380
Jul 2024 10 TO 12 5 ROOM 120 sqm $1,036,500 $8,638
Mar 2024 01 TO 03 4 ROOM 101 sqm $750,000 $7,426
Feb 2024 13 TO 15 5 ROOM 120 sqm $1,075,000 $8,958
Jul 2023 04 TO 06 5 ROOM 123 sqm $905,000 $7,358
May 2023 07 TO 09 4 ROOM 101 sqm $815,000 $8,069
Mar 2023 07 TO 09 5 ROOM 121 sqm $1,000,000 $8,264
Mar 2023 16 TO 18 5 ROOM 120 sqm $1,058,000 $8,817
Nov 2022 07 TO 09 5 ROOM 124 sqm $970,000 $7,823
Oct 2022 07 TO 09 4 ROOM 101 sqm $792,000 $7,842
Apr 2022 01 TO 03 5 ROOM 122 sqm $860,000 $7,049
Mar 2022 10 TO 12 4 ROOM 100 sqm $750,000 $7,500
Feb 2022 04 TO 06 5 ROOM 124 sqm $890,000 $7,177
Oct 2021 10 TO 12 4 ROOM 101 sqm $750,000 $7,426
Showing 20 of 34 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 122 Lorong 2 Toa Payoh

A flat at Block 122 Lorong 2 Toa Payoh in Toa Payoh has reached $1,130,000 (Jul 2025), putting it in the small group of HDB blocks that have crossed the million-dollar mark. Its median runs about 51% above the Toa Payoh median, ahead of around 78% of the town's blocks. It has a regular flow of resale activity, with 34 transactions since 2017 across 4 room, 5 room flats priced from $610,000 to $1,130,000. The most recent transaction was a 4 room flat on storeys 19 TO 21 at $928,000 in Jun 2026, and the median works out to $7,413/sqm. Over five years, prices here are up about 25.3%. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9177, equivalent to roughly 0.31% of lease-value decay a year. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 122 Lorong 2 Toa Payoh worth?

The most recent resale transaction at Block 122 Lorong 2 Toa Payoh was $928,000 for a 4 room flat in 2026-06. The median price per square metre across all flat types is $7,413, based on 34 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 122 Lorong 2 Toa Payoh?

Block 122 Lorong 2 Toa Payoh was built in 1999 and has approximately 72 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.31%, meaning the leasehold value decreases by approximately 0.31% per year at the current remaining lease.

What flat types are available at Block 122 Lorong 2 Toa Payoh?

Block 122 Lorong 2 Toa Payoh in Toa Payoh contains 4 room, 5 room flats. Resale prices range from $610,000 to $1,130,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 122 Lorong 2 Toa Payoh gone up or down?

Resale prices at Block 122 Lorong 2 Toa Payoh have increased by approximately 25.3% over the past five years. The current median price is $811,500, with the most recent sale at $928,000 in 2026-06.

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