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Block 54 Lorong 5 Toa Payoh

2 Room · Built 1967 · 40 years remaining lease · Updated Jan 2026 MOP Cleared

Block 54 Lorong 5 Toa Payoh has 18 recorded HDB resale transactions since 2017. Latest sale: $278,000 (Jan 2026, 2 room, floors 07–09). Median $5,581/sqm. Prices up 19.7% over the past five years. Built 1967, 40 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.

Latest Sale
$278,000
Jan 2026 · 2 ROOM · Floor 07-09
Median $/sqm
$5,581
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
▲ +19.7%
Median price change
Median Price ?
Top 99%
#294 / 296 Top 99%
Latest Sale ?
Top 99%
#292 / 296 Top 99%
Value ($/sqm) ?
Top 50%
#147 / 296 Top 50%
5-Year Growth ?
Top 91%
#201 / 220 Top 91%
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
+3.7%/yr
vs
Lease Decay
−1.16%/yr
Growth assumption
Based on this block’s +19.7% 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 40 years remaining 99 years
40 years 6 months
Remaining lease
↓ 1.16%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 40 years remaining, decay is accelerating (~1.16%/yr). It accelerates significantly below 40 years. Lease decay is approaching the rate where it offsets market appreciation.
Rental & Yield

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 $2,300 typically $2,000–$2,500 9.9% 5 rentals here
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 54 Lorong 5 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
Jan 2026 07 TO 09 2 ROOM 43 sqm $278,000 $6,465
Nov 2025 04 TO 06 2 ROOM 43 sqm $280,000 $6,512
Sep 2025 04 TO 06 2 ROOM 43 sqm $275,000 $6,395
May 2025 10 TO 12 2 ROOM 43 sqm $295,000 $6,860
Jan 2025 07 TO 09 2 ROOM 43 sqm $280,000 $6,512
Sep 2024 01 TO 03 2 ROOM 43 sqm $270,000 $6,279
Sep 2023 07 TO 09 2 ROOM 43 sqm $260,000 $6,047
Apr 2023 01 TO 03 2 ROOM 43 sqm $240,000 $5,581
Jun 2022 01 TO 03 2 ROOM 43 sqm $242,000 $5,628
Dec 2021 01 TO 03 2 ROOM 55 sqm $252,500 $4,591
Nov 2021 07 TO 09 2 ROOM 43 sqm $240,000 $5,581
Aug 2021 07 TO 09 2 ROOM 43 sqm $228,000 $5,302
Apr 2021 10 TO 12 2 ROOM 43 sqm $225,000 $5,233
Jul 2020 07 TO 09 2 ROOM 43 sqm $185,000 $4,302
Feb 2020 04 TO 06 2 ROOM 43 sqm $180,000 $4,186
Jun 2019 10 TO 12 2 ROOM 43 sqm $215,000 $5,000
Oct 2017 10 TO 12 2 ROOM 43 sqm $225,000 $5,233
Jun 2017 10 TO 12 2 ROOM 43 sqm $236,000 $5,488
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 54 Lorong 5 Toa Payoh

Block 54 Lorong 5 Toa Payoh in Toa Payoh dates to 1967 and now has roughly 40 years of lease remaining, which makes lease decay the central consideration for buyers. Its median sits about 55% below the Toa Payoh median, cheaper than about 99% of the town's blocks. It has a relatively light resale record, with 18 transactions since 2017 across 2 room flats priced from $180,000 to $295,000. The most recent transaction was a 2 room flat on storeys 07 TO 09 at $278,000 in Jan 2026, and the median works out to $5,581/sqm. Over five years, prices here are up about 19.7%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 54 Lorong 5 Toa Payoh worth?

The most recent resale transaction at Block 54 Lorong 5 Toa Payoh was $278,000 for a 2 room flat in 2026-01. The median price per square metre across all flat types is $5,581, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 54 Lorong 5 Toa Payoh?

Block 54 Lorong 5 Toa Payoh was built in 1967 and has approximately 40 years and 6 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 1.16%, meaning the leasehold value decreases by approximately 1.16% per year at the current remaining lease.

What flat types are available at Block 54 Lorong 5 Toa Payoh?

Block 54 Lorong 5 Toa Payoh in Toa Payoh contains 2 room flats. Resale prices range from $180,000 to $295,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 54 Lorong 5 Toa Payoh gone up or down?

Resale prices at Block 54 Lorong 5 Toa Payoh have increased by approximately 19.7% over the past five years. The current median price is $241,000, with the most recent sale at $278,000 in 2026-01.

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