Prices · Toa Payoh · Lorong 7 Toa Payoh · D12 Balestier
Block 14 Lorong 7 Toa Payoh
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What this block is
| Address | Block 14 Lorong 7 Toa Payoh, Toa Payoh, Singapore 310014 |
| Flat types here | 4-room, 5-room — on the evidence of 20 sales since June 2017, so a type that has never been resold here will not appear |
| Unit sizes | 4-room about 1,119 sq ft, 5-room about 1,292 sq ft (1,119 to 1,292 sq ft across the block) |
| Lease | 99 years from 1998, expiring 2097 — 71 years left |
| Floors that have sold | 1 to 24, so the block stands at least 24 storeys |
| Flat models | Model A, Improved |
| Town and district | Toa Payoh, district 12 (Balestier, Toa Payoh, Serangoon) |
| Compare it with | the rest of Lorong 7 Toa Payoh, 4-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 $1,604 for every month of the 71 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 | $218,388 |
| Mortgage interest over 25 years | $250,058 |
| Running costs over the remaining lease | $306,720 |
| Total over the lease | $1,366,832 |
| Monthly while repaying | $3,166 |
| 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 a single sale, so treat it as an anecdote rather than a rate.
By flat type
| Type | Median | Range | Size | psf | Sales |
|---|---|---|---|---|---|
| 4-room | $628,000 | $500,000–$788,888 | 1,119 sq ft | 550 | 15 |
| 5-room | $868,000 | $700,000–$955,000 | 1,292 sq ft | 672 | 5 |
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 | $710,000 | 634 psf | 1 |
| 04 to 06 | $659,000 | 589 psf | 2 |
| 07 to 09 | $630,000 | 563 psf | 2 |
| 10 to 12 | $600,000 | 536 psf | 5 |
| 13 to 15 | $675,000 | 592 psf | 3 |
| 16 to 18 | $619,000 | 543 psf | 2 |
| 19 to 21 | $814,000 | 630 psf | 4 |
| 22 to 24 | $955,000 | 739 psf | 1 |
Year by year
| 2017 | $597,500 | 534 psf | four sales |
| 2018 | $564,000 | 499 psf | two sales |
| 2019 | $760,000 | 588 psf | one sale |
| 2020 | $585,000 | 513 psf | two sales |
| 2021 | $630,000 | 552 psf | two sales |
| 2022 | $774,000 | 634 psf | two sales |
| 2023 | $700,000 | 625 psf | one sale |
| 2024 | $735,000 | 657 psf | two sales |
| 2025 | $950,000 | 735 psf | three sales |
| 2026 | $788,888 | 691 psf | one sale |
20 transactions in all, from June 2017 to June 2026. The flat models recorded here are Model A, Improved.