How Much Is a Flat at Block 229 Lor 8 Toa Payoh Worth?

5 Room · Built 1976 · 49 years 07 months remaining MOP Cleared

Latest Sale

$670,000

2026-03 · 5 Room

Median $/sqm

$4,701

Based on 23 txns

Total Txns

23

Since data available

5-Yr Trend

▲14.2%

vs 5 years ago

What's Your Flat Worth?

Select your flat type and storey band, then click Get Estimate. Change your selection at any time and get a new estimate.

Flat Type

Storey Band (closest to your floor)

How did you buy?

Market Demand

⏳ Lower transaction volume — pricing and timing matter more here. A local expert helps.

Based on recent sales data · Updates monthly

Sold at this block (6mo)

1 flats ⚡

AVG. DAYS TO OFFER

~180 days

Transaction density proxy

BUYER DEMAND

3.0 / 10

Block Specialists

Connect with agents who know this block — coming soon.

Lease Clock

Sell Now
0 yrs 49 years left 99 yrs

Key threshold: 60 years

Buyer financing is already restricted

Your block has 49 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 23 total

Date Floor Type sqm Price $/sqm
2026-03 13 TO 15 5 Room 114 $670,000 $5,877
2025-07 25 TO 27 5 Room 117 $745,000 $6,368
2025-05 19 TO 21 5 Room 119 $730,000 $6,134
2025-01 07 TO 09 5 Room 114 $688,000 $6,035
2023-07 13 TO 15 5 Room 117 $605,000 $5,171
2023-02 16 TO 18 5 Room 117 $588,000 $5,026
2022-12 04 TO 06 5 Room 117 $582,888 $4,982
2022-04 19 TO 21 5 Room 117 $550,000 $4,701
2022-04 25 TO 27 5 Room 117 $608,168 $5,198
2022-03 07 TO 09 5 Room 117 $566,000 $4,838
2021-07 10 TO 12 5 Room 117 $540,000 $4,615
2021-06 22 TO 24 5 Room 114 $520,000 $4,561
2021-06 10 TO 12 5 Room 114 $550,000 $4,825
2021-04 10 TO 12 5 Room 117 $510,000 $4,359
2021-03 13 TO 15 5 Room 117 $520,000 $4,444
2020-12 16 TO 18 5 Room 114 $515,000 $4,518
2020-12 13 TO 15 5 Room 117 $510,000 $4,359
2020-06 19 TO 21 5 Room 117 $515,000 $4,402
2020-02 04 TO 06 5 Room 117 $470,000 $4,017
2019-10 22 TO 24 5 Room 117 $515,000 $4,402
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About Block 229 Lor 8 Toa Payoh

Block 229 at Lor 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. The most recent transaction was a 5 Room flat (storeys 13–15) that sold for $670,000 in Mar 2026. The current median price per square metre is $4,701. Over the past five years, resale prices have risen by approximately 14.2%.

With 49 years of lease remaining, buyers may face reduced CPF usage and lower bank loan limits. Selling sooner preserves your buyer pool and sale price.

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

Frequently Asked Questions

How much is a flat at Block 229 Lor 8 Toa Payoh?

Based on 23 recorded transactions, the median resale price is $709,000. The most recent sale was $670,000 in 2026-03.

Median by flat type (last 24 months)

Flat Type Most Recent Median
5 Room $709,000

What is my flat worth at Block 229?

The overall median resale price at Block 229 Lor 8 Toa Payoh is $709,000. Prices have risen 14.2% over the past 5 years.

How active is the resale market at Block 229?

Block 229 has recorded 23 resale transactions — roughly 1.0 sales per month over the past 24 months. The latest transaction closed in 2026-03.

What flat types are available at Block 229?

Block 229 Lor 8 Toa Payoh has 5 Room units.

How much can I unlock to upgrade if I sell my HDB at Block 229?

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 229?

Block 229 was built in 1976 with a 99-year lease. It has approximately 49 years 07 months remaining. Lease decay accelerates below 40 years and affects buyer CPF eligibility.

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
Seller stamp duty None (after MOP)
Total (est.) on $709,000 $14,760 to $16,260