Block 223 Lorong 8 Toa Payoh

5 Room · Built 1976 · 49 years remaining lease MOP Cleared
Latest Sale
$721,888
Jan 2026 · 5 ROOM · #19-21
Median $/sqm
$4,444
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
▲ +18.7%
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 49 years remaining 99 years
49 years 3 months
Remaining lease
↓ 0.79%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 49 years remaining, decay is gradual (~0.79%/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
Jan 2026 19 TO 21 5 ROOM 117 sqm $721,888 $6,170
Sep 2025 13 TO 15 5 ROOM 114 sqm $638,000 $5,596
Jun 2025 10 TO 12 5 ROOM 117 sqm $730,000 $6,239
Jun 2024 10 TO 12 5 ROOM 117 sqm $679,000 $5,803
Jun 2024 07 TO 09 5 ROOM 117 sqm $690,000 $5,897
Jun 2021 22 TO 24 5 ROOM 119 sqm $608,000 $5,109
Aug 2020 01 TO 03 5 ROOM 117 sqm $468,000 $4,000
Jul 2020 04 TO 06 5 ROOM 117 sqm $475,000 $4,060
Jun 2020 04 TO 06 5 ROOM 117 sqm $475,000 $4,060
Feb 2020 10 TO 12 5 ROOM 117 sqm $520,000 $4,444
Jan 2020 07 TO 09 5 ROOM 114 sqm $495,000 $4,342
Dec 2019 10 TO 12 5 ROOM 117 sqm $508,880 $4,349
Nov 2019 07 TO 09 5 ROOM 114 sqm $485,000 $4,254
Aug 2019 22 TO 24 5 ROOM 117 sqm $520,000 $4,444
Jul 2019 22 TO 24 5 ROOM 117 sqm $510,000 $4,359
Jun 2019 07 TO 09 5 ROOM 114 sqm $460,000 $4,035
Apr 2019 04 TO 06 5 ROOM 114 sqm $470,000 $4,123
Jun 2018 10 TO 12 5 ROOM 117 sqm $510,000 $4,359
Jun 2018 04 TO 06 5 ROOM 117 sqm $520,000 $4,444
Feb 2018 25 TO 27 5 ROOM 117 sqm $580,000 $4,957
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 223 Lorong 8 Toa Payoh

Block 223 at Lorong 8 Toa Payoh is a residential HDB block in Toa Payoh, Singapore, built in 1976 with approximately 49 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $460,000 to $730,000 based on 21 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 19 TO 21 sold for $721,888 in 2026-01. The current median price per square metre is $4,444. Over the past five years, resale prices at this block have increased by approximately 18.7%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8163, with an annual lease decay rate of approximately 0.79%. 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 223 Lorong 8 Toa Payoh worth?

The most recent resale transaction at Block 223 Lorong 8 Toa Payoh was $721,888 for a 5 room flat in 2026-01. The median price per square metre across all flat types is $4,444, based on 21 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 223 Lorong 8 Toa Payoh?

Block 223 Lorong 8 Toa Payoh was built in 1976 and has approximately 49 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 0.79%, meaning the leasehold value decreases by approximately 0.79% per year at the current remaining lease.

What flat types are available at Block 223 Lorong 8 Toa Payoh?

Block 223 Lorong 8 Toa Payoh in Toa Payoh contains 5 room flats. Resale prices range from $460,000 to $730,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 223 Lorong 8 Toa Payoh gone up or down?

Resale prices at Block 223 Lorong 8 Toa Payoh have increased by approximately 18.7% over the past five years. The current median price is $520,000, with the most recent sale at $721,888 in 2026-01.

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