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Toa Payoh · HDB · S310240

Blk 240 Lor 1 Toa Payoh

Completed 1985 · 9 storeys · 48 flats · 61 years 09 months remaining · 9 resale transactions on record · maisonettes on the record · median household income in Toa Payoh: $8,500/mo

executive
$955,000
9 sold · all years · $760,000$1,068,888
$608 psf
Last sale
Feb 2024
no resales in the last 24 months - quiet block, tight holders
3D →
Lor 1 Toa Payoh, Toa Payoh · 1 km P1 ring · mrt · school · food · park · mall · health · zones: parks, commercial, reserve - hover
Flat mix · 48 homes
Exec
48 · 100%

9 storeys · completed 1985

What the record shows

The last seller’s gain

A executive here sold for $1,068,888 in Feb 2024. The same flat type in this block averaged $913,722 in 2020 - a gain of $155,166 - about $71 a day while the owner slept.

The lease cliff

This block crossed 60 years remaining in 2025 - the line where CPF usage rules tighten for buyers. In Toa Payoh over the last two years, flats below that line sold at a median 47% below their younger neighbours' PSF (967 sales).

The supply wave

Across Toa Payoh, roughly 3,491 flats in newly-completed blocks reach the end of MOP between 2026 and 2028 - new sellers entering this market.

Price trend

median PSF by year · ━ this block · ╌ Toa Payoh · gaps = years with no sales here

$395$572$750201720182020202220242026

Every recent sale HDB official record, latest 9

MonthTypeStoreyArea (sqm)PricePSFLease left
Feb 2024EXECUTIVE07 to 09146$1,068,888$68061y 09m
Jun 2023EXECUTIVE07 to 09146$1,050,000$66862y 05m
May 2023EXECUTIVE01 to 03146$913,000$58162y 06m
Apr 2023EXECUTIVE01 to 03146$900,000$57362y 06m
Jul 2022EXECUTIVE04 to 06146$955,000$60863y 03m
Apr 2022EXECUTIVE04 to 06146$968,000$61663y 06m
Feb 2022EXECUTIVE07 to 09146$988,888$62963y 09m
Jul 2021EXECUTIVE04 to 06146$938,000$59764y 04m
Aug 2020EXECUTIVE01 to 03146$760,000$48465y 03m

Who lives in Toa Payoh

Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg

Residents
121,850
Median age
46 yrs
42% under 40 · getting older
Children 0–9
9,410
▼ 12% since 2015 · future P1 demand
Household size
2.8 avg
Homes
82% HDB
12% condo · 5% landed
Degree holders
32%
residents 15+
Commute
63% transit
18% drive
45 min+ to work
19%

The neighbourhood

What sits around this address - distances computed from official OneMap and LTA records.

MRT
Braddell NS18 · 437m - weekday mornings, riders head to Raffles Place, Novena, Newton (LTA)
P1 ring
First Toa Payoh Primary School 533m · Phase 2C 0.1× · Kheng Cheng School 556m · Phase 2C 1.1× balloted · Pei Chun Public School 677m · Phase 2C 2.1× balloted - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Beatty Secondary School · 201m
Food
Toa Payoh Lorong 4 Blk 93 · 293m - 6 hawker centres within 1km
Green
Clover Way Pg · 1.1km
Mall
Zhongshan Mall · 1.6km
Health
Toa Payoh Polyclinic (polyclinic) · 1.1km

The neighbourhood, photographed

freely-licensed photographs taken within ~450 m · Wikimedia Commons

Car park in Toa Payoh, SingaporeQingwu Zhou (周庆武) · CC BY-SA 3.0
Cai Yinzhou and Chee Hong Tat at Lorong 8 Toa Payoh 20251129 084917ZKang123 · CC BY-SA 4.0
Cai Yinzhou, Chee Hong Tat and Saktiandi Supaat at Lorong 8 Toa Payoh 20251129 084909ZKang123 · CC BY-SA 4.0
Bishan Toa Payoh GRC and Marymount SMC MPs at Lorong 8 Toa Payoh 20251129 084217ZKang123 · CC BY-SA 4.0
Lorong 8 Toa Payoh Silver ZoneZKang123 · CC BY-SA 4.0

Around this block

The nearest blocks by actual distance - street names are postal artifacts, so true neighbours often sit on a different road. Price gaps are median-vs-median on the flat type both blocks actually trade.

Condos nearby

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Data: HDB resale transactions via data.gov.sg (updated weekly), OneMap. Prices are the official resale record - not estimates, not listings.
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Data: URA, HDB & SingStat (via data.gov.sg), OneMap © SLA, LTA DataMall, MOE - used under the Singapore Open Data Licence.