How Much Is a Flat at Block 116 Lor 2 Toa Payoh Worth?

3 Room · Built 1970 · 42 years 08 months remaining MOP Cleared

Last updated: 13 Jun 2026

Latest Sale

$355,000

2026-06 · 3 Room

Median $/sqm

$5,159

Based on 63 txns

Total Txns

63

Since data available

5-Yr Trend

▲25.7%

vs 5 years ago

What Will You Actually Walk Away With?

Select your flat and storey. We'll calculate your estimated cash in hand, CPF refund, and all deductions — including accrued interest and resale levy.

Flat Type

Storey Band (closest to your floor)

How did you buy?

What are you thinking of buying next?

Market Demand

📊 Moderate activity — a specialist agent can position your flat to the right buyer.

Based on recent sales data · Updates monthly

Sold at this block (6mo)

4 flats ⚡

AVG. DAYS TO OFFER

~45 days

Transaction density proxy

BUYER DEMAND

5.2 / 10

Block Specialists

Connect with agents who know this block — coming soon.

Lease Clock

Sell Now

0 yrs 42 years left 99 yrs

Key threshold: 60 years

Buyer financing is already restricted

Your block has 42 years of lease left. Buyers already face CPF usage limits and lower loan quantum when purchasing. This means fewer buyers qualify, and those who do will negotiate harder. Selling sooner gives you a larger buyer pool and a stronger sale price.

A specialist agent can target the right buyers and negotiate the best possible outcome for you.

Transaction History 63 total

Date	Blk	Floor	Type	sqm	Price	$/sqm
2026-06	116	13 TO 15	3 Room	63	$345,000	$5,476
2026-06	116	07 TO 09	3 Room	63	$355,000	$5,635
2026-03	116	13 TO 15	3 Room	63	$335,000	$5,317
2026-01	116	16 TO 18	3 Room	63	$360,000	$5,714
2025-11	116	10 TO 12	3 Room	63	$420,000	$6,667
2025-10	116	04 TO 06	3 Room	72	$430,000	$5,972
2025-09	116	13 TO 15	3 Room	72	$430,000	$5,972
2025-08	116	16 TO 18	3 Room	63	$410,000	$6,508
2025-08	116	10 TO 12	3 Room	72	$478,000	$6,639
2025-06	116	16 TO 18	3 Room	63	$410,000	$6,508
2025-04	116	16 TO 18	3 Room	63	$438,000	$6,952
2025-02	116	13 TO 15	3 Room	63	$436,168	$6,923
2024-10	116	13 TO 15	3 Room	72	$470,000	$6,528
2024-10	116	04 TO 06	3 Room	63	$405,000	$6,429
2024-07	116	07 TO 09	3 Room	63	$370,000	$5,873
2024-06	116	13 TO 15	3 Room	63	$405,000	$6,429
2024-04	116	19 TO 21	3 Room	62	$420,000	$6,774
2024-02	116	19 TO 21	3 Room	63	$373,888	$5,935
2024-02	116	16 TO 18	3 Room	72	$435,000	$6,042
2024-02	116	10 TO 12	3 Room	63	$398,000	$6,317
2026-06	146	28 TO 30	4 Room	86	$960,000	$11,163
2026-06	116	13 TO 15	3 Room	63	$345,000	$5,476
2026-06	122	19 TO 21	4 Room	101	$928,000	$9,188
2026-06	153	10 TO 12	5 Room	124	$1,165,000	$9,395
2026-06	116	07 TO 09	3 Room	63	$355,000	$5,635
2026-05	147	16 TO 18	4 Room	86	$950,000	$11,047
2026-05	86	04 TO 06	4 Room	105	$862,888	$8,218
2026-05	146	40 TO 42	4 Room	91	$1,088,000	$11,956
2026-05	84A	13 TO 15	5 Room	122	$1,260,000	$10,328
2026-04	120	04 TO 06	2 Room	40	$295,000	$7,375
2026-04	152	01 TO 03	4 Room	86	$770,000	$8,953
2026-04	152	25 TO 27	4 Room	91	$1,038,000	$11,407
2026-04	144	01 TO 03	5 Room	110	$1,018,000	$9,255
2026-04	120	07 TO 09	2 Room	40	$272,000	$6,800
2026-04	84	07 TO 09	4 Room	105	$900,000	$8,571
2026-03	147	07 TO 09	5 Room	110	$1,138,000	$10,345
2026-03	116	13 TO 15	3 Room	63	$335,000	$5,317
2026-03	144	22 TO 24	4 Room	91	$900,000	$9,890
2026-03	86	01 TO 03	4 Room	104	$775,088	$7,453
2026-03	101B	07 TO 09	Executive	145	$1,225,000	$8,448
2026-03	147	31 TO 33	4 Room	86	$995,000	$11,570
2026-03	144	07 TO 09	4 Room	90	$850,000	$9,444
2026-03	120	07 TO 09	2 Room	40	$278,000	$6,950
2026-02	120	04 TO 06	2 Room	40	$310,000	$7,750
2026-02	154	13 TO 15	5 Room	124	$1,218,000	$9,823
2026-02	152	40 TO 42	4 Room	91	$1,120,000	$12,308
2026-02	142	10 TO 12	4 Room	100	$918,000	$9,180
2026-02	144	13 TO 15	4 Room	90	$898,000	$9,978
2026-02	145	31 TO 33	4 Room	91	$1,100,000	$12,088
2026-02	153	01 TO 03	5 Room	124	$983,000	$7,927
2026-02	145	31 TO 33	5 Room	110	$1,268,888	$11,535
2026-01	120	01 TO 03	2 Room	40	$272,000	$6,800
2026-01	147	28 TO 30	4 Room	86	$973,000	$11,314
2026-01	152	22 TO 24	4 Room	86	$928,000	$10,791
2026-01	153	04 TO 06	5 Room	124	$1,100,000	$8,871
2026-01	141	01 TO 03	4 Room	86	$745,000	$8,663
2026-01	147	37 TO 39	4 Room	86	$960,000	$11,163
2026-01	116	16 TO 18	3 Room	63	$360,000	$5,714
2025-12	84B	13 TO 15	5 Room	122	$1,188,000	$9,738
2025-12	142	07 TO 09	5 Room	115	$1,086,000	$9,443
2025-12	121	10 TO 12	5 Room	122	$1,146,000	$9,393
2025-12	147	13 TO 15	4 Room	86	$930,000	$10,814
2025-11	145	16 TO 18	4 Room	92	$923,000	$10,033
2025-11	145	28 TO 30	4 Room	86	$970,000	$11,279
2025-11	116	10 TO 12	3 Room	63	$420,000	$6,667
2025-11	153	04 TO 06	5 Room	124	$1,068,000	$8,613
2025-11	152	28 TO 30	4 Room	86	$960,000	$11,163
2025-10	144	22 TO 24	5 Room	110	$1,160,000	$10,545
2025-10	116	04 TO 06	3 Room	72	$430,000	$5,972
2025-09	152	04 TO 06	4 Room	86	$888,000	$10,326

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About Block 116 Lor 2 Toa Payoh

Flats at Block 116 Lor 2 Toa Payoh have been selling at a median of $5,516/sqm — down 13.5% over the last 6 months, mainly 3-room flats at $347,500 median, with 2 transactions recorded.

The block is a 3-minute walk from Braddell MRT Station (174m) and is near Toa Payoh HDB Hub mall (1311m, 16 min walk). It is also near Kheng Cheng School (574m, 7 min walk), Marymount Convent School (1494m, 18 min walk), and Chij Primary (Toa Payoh) (1117m, 14 min walk).

All data is sourced from data.gov.sg and updated daily.

What's Near Block 116 Lor 2 Toa Payoh?

Facilities and transport within a 15-minute walk. Walking times are route-based.

MRT / LRT

BRADDELL MRT STATION 174m · 3 min

CALDECOTT MRT STATION 806m · 10 min

TOA PAYOH MRT STATION 1124m · 14 min

Nearby Schools

KHENG CHENG SCHOOL 574m · 7 min

CHIJ PRIMARY (TOA PAYOH) 1117m · 14 min

Hawker Centres

Toa Payoh Lorong 1 Blk 127 (Toa Payoh West Market and Food Court) 346m · 5 min

Toa Payoh Lorong 4 Blk 93 781m · 10 min

Community Facilities

Toa Payoh West CC 867m · 11 min

Other Blocks on Lor 2 Toa Payoh

Block 122 Lor 2 Toa Payoh Block 121 Lor 2 Toa Payoh Block 101A Lor 2 Toa Payoh

Frequently Asked Questions

How much is a flat at Block 116 Lor 2 Toa Payoh?

Based on 63 recorded transactions, the median resale price is $410,000. The most recent sale was $355,000 in 2026-06.

Median by flat type (last 24 months)

Flat Type Most Recent Median

3 Room $410,000

What is my flat worth at Block 116?

The overall median resale price at Block 116 Lor 2 Toa Payoh is $410,000. Prices have risen 25.7% over the past 5 years.

How much cash will I actually receive when I sell my flat at Block 116?

Your gross sale proceeds are what the buyer pays. From that, three things are deducted: your outstanding loan, your CPF principal (all CPF savings used for the flat, returned to your CPF OA), and CPF accrued interest (the interest CPF calculates on those savings at 2.5% p.a., compounded annually). What remains after these deductions is your cash in hand. Use the What's Your Flat Worth? calculator above to estimate your actual cash take-home based on Block 116 prices.

What is CPF accrued interest and why does it reduce my sale proceeds?

When you buy a flat using CPF, those funds are considered a loan from your CPF OA to yourself. When you sell, CPF Board requires you to return the principal plus the interest those funds would have earned had they stayed in your OA — currently 2.5% per annum, compounded. This is not a penalty or a fee paid to anyone; the money goes back into your CPF OA. However, it does reduce your cash proceeds — and the longer you have owned the flat, the larger the accrued amount. Use the CPF Accrued Interest Calculator above to estimate your deduction before you decide to sell.

How active is the resale market at Block 116?

Block 116 has recorded 63 resale transactions — roughly 2.6 sales per month over the past 24 months. The latest transaction closed in 2026-06.

What flat types are available at Block 116?

Block 116 Lor 2 Toa Payoh has 3 Room units.

How much can I unlock to upgrade if I sell my HDB at Block 116?

Selling to upgrade means planning both timelines and funds. Your proceeds split into cash in hand (for your next downpayment and transition costs) and CPF refund (returned to CPF OA). Use the What's Your Flat Worth? calculator above to estimate the equity you can deploy for your next home.

What is the remaining lease for Block 116?

Block 116 was built in 1970 with a 99-year lease. It has approximately 42 years 08 months remaining.

Does Block 116's remaining lease affect its resale value?

At 43 years remaining, CPF eligibility is increasingly age-dependent. Many buyers in their 30s and 40s face CPF pro-ration, reducing their effective purchasing power. Shorter bank loan tenures also raise monthly repayments for the same loan amount. Both effects narrow your buyer pool and tend to put downward pressure on price — selling sooner is worth considering.

When can I sell my flat at Block 116 Lor 2 Toa Payoh?

Flats at Block 116 Lor 2 Toa Payoh have cleared their 5-year Minimum Occupation Period (MOP) and are eligible for resale on the open market. You can list your flat now.

How long does it take to sell an HDB flat?

The standard HDB resale process takes approximately 8–12 weeks from granting the Option to Purchase (OTP) to the completion appointment. This includes HDB resale application, HDB valuation, CPF usage approval, and final appointment scheduling.

Can I sell my HDB flat without an agent?

Yes — HDB's resale portal allows you to handle the transaction yourself. However, for owners upgrading to their next home, an experienced agent helps align pricing, buyer negotiation, and completion timing so your next purchase is less exposed to delays. The typical 1–2% commission is often recovered through a stronger sale outcome.

What are the costs of selling an HDB flat?

Typical costs for a seller:

Agent commission ~1–2% of sale price

Legal / conveyancing ~S$500 (HDB) or ~S$2,000 (private)

HDB admin fee S$80

Resale levy S$15,000–S$55,000 (if applicable)

Seller stamp duty None (after MOP)

Total (est.) on $410,000 excl. levy $8,780 to $10,280