Block 229 Lorong 8 Toa Payoh

5 Room · Built 1976 · 49 years remaining lease MOP Cleared
Latest Sale
$670,000
Mar 2026 · 5 ROOM · #13-15
Median $/sqm
$4,701
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
▲ +36.3%
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 7 months
Remaining lease
↓ 0.78%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 49 years remaining, decay is gradual (~0.78%/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
Mar 2026 13 TO 15 5 ROOM 114 sqm $670,000 $5,877
Jul 2025 25 TO 27 5 ROOM 117 sqm $745,000 $6,368
May 2025 19 TO 21 5 ROOM 119 sqm $730,000 $6,134
Jan 2025 07 TO 09 5 ROOM 114 sqm $688,000 $6,035
Jul 2023 13 TO 15 5 ROOM 117 sqm $605,000 $5,171
Feb 2023 16 TO 18 5 ROOM 117 sqm $588,000 $5,026
Dec 2022 04 TO 06 5 ROOM 117 sqm $582,888 $4,982
Apr 2022 19 TO 21 5 ROOM 117 sqm $550,000 $4,701
Apr 2022 25 TO 27 5 ROOM 117 sqm $608,168 $5,198
Mar 2022 07 TO 09 5 ROOM 117 sqm $566,000 $4,838
Jul 2021 10 TO 12 5 ROOM 117 sqm $540,000 $4,615
Jun 2021 22 TO 24 5 ROOM 114 sqm $520,000 $4,561
Jun 2021 10 TO 12 5 ROOM 114 sqm $550,000 $4,825
Apr 2021 10 TO 12 5 ROOM 117 sqm $510,000 $4,359
Mar 2021 13 TO 15 5 ROOM 117 sqm $520,000 $4,444
Dec 2020 16 TO 18 5 ROOM 114 sqm $515,000 $4,518
Dec 2020 13 TO 15 5 ROOM 117 sqm $510,000 $4,359
Jun 2020 19 TO 21 5 ROOM 117 sqm $515,000 $4,402
Feb 2020 04 TO 06 5 ROOM 117 sqm $470,000 $4,017
Oct 2019 22 TO 24 5 ROOM 117 sqm $515,000 $4,402
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 229 Lorong 8 Toa Payoh

Block 229 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 $470,000 to $745,000 based on 23 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 13 TO 15 sold for $670,000 in 2026-03. The current median price per square metre is $4,701. Over the past five years, resale prices at this block have increased by approximately 36.3%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8184, with an annual lease decay rate of approximately 0.78%. 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 229 Lorong 8 Toa Payoh worth?

The most recent resale transaction at Block 229 Lorong 8 Toa Payoh was $670,000 for a 5 room flat in 2026-03. The median price per square metre across all flat types is $4,701, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 229 Lorong 8 Toa Payoh?

Block 229 Lorong 8 Toa Payoh was built in 1976 and has approximately 49 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 0.78%, meaning the leasehold value decreases by approximately 0.78% per year at the current remaining lease.

What flat types are available at Block 229 Lorong 8 Toa Payoh?

Block 229 Lorong 8 Toa Payoh in Toa Payoh contains 5 room flats. Resale prices range from $470,000 to $745,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 229 Lorong 8 Toa Payoh gone up or down?

Resale prices at Block 229 Lorong 8 Toa Payoh have increased by approximately 36.3% over the past five years. The current median price is $550,000, with the most recent sale at $670,000 in 2026-03.

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