Prices · Toa Payoh · Lorong 1A Toa Payoh
Block 138B Lorong 1A Toa Payoh
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What this block is
| Address | Block 138B Lorong 1A Toa Payoh, Toa Payoh |
| Flat types here | 3-room, 4-room, 5-room — on the evidence of 103 sales since May 2017, so a type that has never been resold here will not appear |
| Unit sizes | 3-room about 753 sq ft, 4-room about 980 sq ft, 5-room about 1,216 sq ft (753 to 1,216 sq ft across the block) |
| Lease | 99 years from 2012, expiring 2111 — 85 years left |
| Floors that have sold | 1 to 42, so the block stands at least 42 storeys |
| Flat models | DBSS |
| Town and district | Toa Payoh |
| Compare it with | the rest of Lorong 1A Toa Payoh, 5-room flats across Toa Payoh |
Two things this page deliberately does not have. There is no floor plan: the resale register carries none, and drawing one from the median floor area would be an invention. And there is no nearest station, for the same reason — no rail data is published here, so the distance would be guessed. What is near this block, measured rather than assumed, is the food: hawker centres within a walk.
What a flat here really costs each month
Bought at the median price, a flat in this block works out at $2,370 for every month of the 85 years its lease still has to run. That figure takes in the price itself, both stamp duties, legal and valuation fees, the whole of the mortgage interest and the running costs for as long as the lease lasts.
It is a different question from the monthly instalment, which stops after 25 years while the lease carries on being used up.
| Cash needed up front | $428,500 |
| Mortgage interest over 25 years | $481,803 |
| Running costs over the remaining lease | $367,200 |
| Total over the lease | $2,417,503 |
| Monthly while repaying | $5,766 |
| Monthly once repaid | $360 |
Assumes a Singapore citizen buying a first home with a 75 per cent loan at 3 per cent over 25 years, $2,500 in legal fees, $400 for valuation, $1,200 a year in property tax and $260 a month for conservancy, upkeep and insurance. Change any of these. Figures are not discounted: a dollar paid in the final year of the lease is counted the same as a dollar paid today. Opportunity cost, CPF accrued interest and any resale value are excluded.
The median above is based on just six sales, which is too few to call a market rate.
By flat type
| Type | Median | Range | Size | psf | Sales |
|---|---|---|---|---|---|
| 3-room | $617,500 | $555,000–$645,000 | 753 sq ft | 820 | 10 |
| 4-room | $840,000 | $720,000–$1,080,000 | 980 sq ft | 858 | 33 |
| 5-room | $945,000 | $750,000–$1,570,000 | 1,216 sq ft | 782 | 60 |
By floor
Measured inside a block, where the address, the age and the lease are all held still, a storey is worth about 0.63 per cent of the price per square foot — so the difference between the second floor and the twentieth is roughly 11 per cent, not the 2.1 times the market-wide storey bands appear to show. Why those bands mislead.
| 01 to 03 | $810,000 | 689 psf | 6 |
| 04 to 06 | $825,000 | 700 psf | 9 |
| 07 to 09 | $741,500 | 796 psf | 12 |
| 10 to 12 | $875,000 | 743 psf | 7 |
| 13 to 15 | $795,000 | 801 psf | 7 |
| 16 to 18 | $940,000 | 785 psf | 7 |
| 19 to 21 | $930,000 | 766 psf | 5 |
| 22 to 24 | $938,000 | 796 psf | 9 |
| 25 to 27 | $975,000 | 795 psf | 3 |
| 28 to 30 | $915,000 | 852 psf | 7 |
| 31 to 33 | $977,000 | 858 psf | 13 |
| 34 to 36 | $1,282,500 | 1132 psf | 8 |
| 37 to 39 | $1,080,000 | 1060 psf | 7 |
| 40 to 42 | $888,000 | 907 psf | 3 |
Year by year
| 2017 | $832,500 | 738 psf | 18 sales |
| 2018 | $815,250 | 755 psf | 20 sales |
| 2019 | $923,000 | 795 psf | 16 sales |
| 2020 | $850,000 | 723 psf | seven sales |
| 2021 | $858,000 | 873 psf | 15 sales |
| 2022 | $1,160,000 | 954 psf | three sales |
| 2023 | $970,000 | 990 psf | five sales |
| 2024 | $1,080,000 | 1072 psf | seven sales |
| 2025 | $1,400,000 | 1130 psf | six sales |
| 2026 | $1,520,000 | 1239 psf | six sales |
103 transactions in all, from May 2017 to Sept 2026. The flat models recorded here are DBSS.