Block 228 Lorong 8 Toa Payoh

4 Room · Built 1976 · 49 years remaining lease MOP Cleared
Latest Sale
$420,000
Nov 2025 · 4 ROOM · #01-03
Median $/sqm
$4,365
Based on 22 transactions
Total Transactions
22
Since Jan 2017
5-Year Trend
▲ +46.2%
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 11 months
Remaining lease
↓ 0.77%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 49 years remaining, decay is gradual (~0.77%/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
Nov 2025 01 TO 03 4 ROOM 82 sqm $420,000 $5,122
Aug 2025 13 TO 15 4 ROOM 82 sqm $520,000 $6,341
Apr 2025 10 TO 12 4 ROOM 82 sqm $488,000 $5,951
Dec 2024 16 TO 18 4 ROOM 82 sqm $455,000 $5,549
Sep 2024 01 TO 03 4 ROOM 82 sqm $430,000 $5,244
Apr 2024 13 TO 15 4 ROOM 82 sqm $472,000 $5,756
Oct 2023 16 TO 18 4 ROOM 82 sqm $425,000 $5,183
Sep 2022 07 TO 09 4 ROOM 82 sqm $398,000 $4,854
May 2022 04 TO 06 4 ROOM 82 sqm $388,000 $4,732
Apr 2021 07 TO 09 4 ROOM 82 sqm $333,888 $4,072
Nov 2020 04 TO 06 4 ROOM 82 sqm $315,000 $3,841
Sep 2020 10 TO 12 4 ROOM 82 sqm $320,000 $3,902
Jul 2020 10 TO 12 4 ROOM 82 sqm $310,000 $3,780
Jan 2020 10 TO 12 4 ROOM 82 sqm $320,000 $3,902
Nov 2019 01 TO 03 4 ROOM 82 sqm $283,000 $3,451
Oct 2019 01 TO 03 4 ROOM 82 sqm $275,000 $3,354
Feb 2019 13 TO 15 4 ROOM 82 sqm $363,888 $4,438
Oct 2018 07 TO 09 4 ROOM 82 sqm $330,000 $4,024
Aug 2018 13 TO 15 4 ROOM 82 sqm $352,000 $4,293
Feb 2018 13 TO 15 4 ROOM 82 sqm $330,000 $4,024
Showing 20 of 22 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 228 Lorong 8 Toa Payoh

Block 228 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 4 room flats, with resale prices ranging from $275,000 to $520,000 based on 22 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 01 TO 03 sold for $420,000 in 2025-11. The current median price per square metre is $4,365. Over the past five years, resale prices at this block have increased by approximately 46.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8204, with an annual lease decay rate of approximately 0.77%. 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 228 Lorong 8 Toa Payoh worth?

The most recent resale transaction at Block 228 Lorong 8 Toa Payoh was $420,000 for a 4 room flat in 2025-11. The median price per square metre across all flat types is $4,365, based on 22 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 228 Lorong 8 Toa Payoh?

Block 228 Lorong 8 Toa Payoh was built in 1976 and has approximately 49 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.77%, meaning the leasehold value decreases by approximately 0.77% per year at the current remaining lease.

What flat types are available at Block 228 Lorong 8 Toa Payoh?

Block 228 Lorong 8 Toa Payoh in Toa Payoh contains 4 room flats. Resale prices range from $275,000 to $520,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 228 Lorong 8 Toa Payoh gone up or down?

Resale prices at Block 228 Lorong 8 Toa Payoh have increased by approximately 46.2% over the past five years. The current median price is $357,944, with the most recent sale at $420,000 in 2025-11.

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