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Block 8 Toh Yi Drive

Executive · Built 1989 · 66 years remaining lease · Updated Mar 2022 MOP Cleared

Block 8 Toh Yi Drive has 9 recorded HDB resale transactions since 2017. Latest sale: $1,070,000 (Mar 2022, executive, floors 01–03). Median $6,644/sqm. Built 1989, 66 years lease remaining.

Latest Sale
$1,070,000
Mar 2022 · EXECUTIVE · Floor 01-03
Median $/sqm
$6,644
Based on 9 transactions
Total Transactions
9
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 23%
#6 / 26 Top 23%
Latest Sale ?
Top 46%
#12 / 26 Top 46%
Value ($/sqm) ?
Top 77%
#20 / 26 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
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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.40%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 66 years remaining 99 years
66 years 2 months
Remaining lease
↓ 0.40%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 66 years remaining, decay is gradual (~0.40%/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 Bukit Timah average.

Flat type Median rent /mo Gross yield Based on
Executive $4,800 typically $4,400–$5,000 4.2% Bukit Timah 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 2 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
2 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 8 Toh Yi Drive in Bukit Timah, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Bukit Timah
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
Mar 2022 01 TO 03 EXECUTIVE 146 sqm $1,070,000 $7,329
Apr 2020 01 TO 03 EXECUTIVE 146 sqm $970,000 $6,644
Sep 2019 01 TO 03 EXECUTIVE 146 sqm $990,000 $6,781
Mar 2019 01 TO 03 EXECUTIVE 146 sqm $888,000 $6,082
Oct 2018 01 TO 03 EXECUTIVE 145 sqm $990,000 $6,828
Sep 2018 01 TO 03 EXECUTIVE 145 sqm $985,000 $6,793
Apr 2018 01 TO 03 EXECUTIVE 146 sqm $898,000 $6,151
Dec 2017 01 TO 03 EXECUTIVE 145 sqm $918,000 $6,331
Dec 2017 01 TO 03 EXECUTIVE 145 sqm $920,000 $6,345
Showing 9 of 9 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 8 Toh Yi Drive

Block 8 Toh Yi Drive is a million-dollar HDB block: a flat here has sold for as much as $1,070,000 (Mar 2022), among the rare blocks in Bukit Timah to cross that mark. Its median runs about 19% above the Bukit Timah median, ahead of around 81% of the town's blocks. It has a relatively light resale record, with 9 transactions since 2017 across executive flats priced from $888,000 to $1,070,000. The most recent transaction was an executive flat on storeys 01 TO 03 at $1,070,000 in Mar 2022, and the median works out to $6,644/sqm. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.8973, an annual lease decay of about 0.40%. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 8 Toh Yi Drive worth?

The most recent resale transaction at Block 8 Toh Yi Drive was $1,070,000 for a executive flat in 2022-03. The median price per square metre across all flat types is $6,644, based on 9 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 8 Toh Yi Drive?

Block 8 Toh Yi Drive was built in 1989 and has approximately 66 years and 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.40%, meaning the leasehold value decreases by approximately 0.40% per year at the current remaining lease.

What flat types are available at Block 8 Toh Yi Drive?

Block 8 Toh Yi Drive in Bukit Timah contains executive flats. Resale prices range from $888,000 to $1,070,000 based on historical transaction records from data.gov.sg.

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