How have HDB prices in Toa Payoh Central changed over time?

Over the 9.8 years from 2016 Q1 to 2026 Q2, the median price per square foot in Toa Payoh Central changed by +3.6% a year, from $625 to $883.

Does remaining lease affect HDB prices in Toa Payoh Central?

In Toa Payoh Central, 4-room flats with 80-89 years of lease remaining resell at $1,020 per square foot against $672 for those with <50 years, a difference of +52%. Flat type is held fixed because the unconditioned spread is mostly a difference in flat size.

Private property prices per square foot in Toa Payoh Central

Q: What is the median private resale price per square foot in Toa Payoh Central?

The median private resale price in Toa Payoh Central (Toa Payoh, Central Region) is S$1,650 per square foot (S$17,700 per square metre), from 20 caveats in the 12 months to August 2026. Over the 9.8 years to 2026 Q2, the HDB median price per square foot here changed by +3.6% a year in cash terms, or +1.6% a year after inflation. HDB resale here runs S$917 per square foot from 220 resales, at a median 4-room price of S$929,000: a separate register, never combined with the private figures.

Q: How many private caveats were recorded in Toa Payoh Central?

The median private resale price in Toa Payoh Central (Toa Payoh, Central Region) is S$1,650 per square foot (S$17,700 per square metre), from 20 caveats in the 12 months to August 2026. Over the 9.8 years to 2026 Q2, the HDB median price per square foot here changed by +3.6% a year in cash terms, or +1.6% a year after inflation. HDB resale here runs S$917 per square foot from 220 resales, at a median 4-room price of S$929,000: a separate register, never combined with the private figures.

$1,650median private resale per ft², 20 caveats (12 months)

Low confidence95% CI $1,580–$2,270 per ft²n = 20 caveats

The median private resale price in Toa Payoh Central (Toa Payoh, Central Region) is S$1,650 per square foot (S$17,700 per square metre), from 20 caveats in the 12 months to August 2026. Over the 9.8 years to 2026 Q2, the HDB median price per square foot here changed by +3.6% a year in cash terms, or +1.6% a year after inflation. HDB resale here runs S$917 per square foot from 220 resales, at a median 4-room price of S$929,000: a separate register, never combined with the private figures.

Private prices in Toa Payoh Central

Median price per ft²

$917

n = 220 resales

Median resale price

$955,000

median flat 980 ft²

Median lease remaining

75 yrs

of a 99-year lease

90 of 220 resales here crossed $1,000,000 in the last 12 months (40.9%).

How prices are spread in Toa Payoh Central

p20 $628
p80 $1,080
95% CI $860–$975

By flat type

Every HDB resale registered here in the last 12 months.

Flat type	Median price per ft²	Transactions behind the figure
3-roommedian $377,500 · 710 ft²	$534/ft²	n = 44
4-roommedian $929,000 · 980 ft²	$1,010/ft²	n = 116
5-roommedian $1,218,000 · 1,259 ft²	$969/ft²	n = 57

Price by remaining lease, 4-room

Toa Payoh Central, 4-room resales only, last 36 months. Bands with fewer than eight are not shown.

Years of lease remaining	Median price per ft²	Transactions behind the figure
<50 yearsmedian $607,500	$672/ft²	n = 22
60-69 yearsmedian $840,000	$726/ft²	n = 11
70-79 yearsmedian $898,000	$868/ft²	n = 105
80-89 yearsmedian $968,000	$1,020/ft²	n = 168

Across these bands the rate falls 34% from $1,020/ft² at 80-89 years to $672 at <50, on 4-room flats in Toa Payoh Central.

Price by floor, 4-room

Toa Payoh Central, 4-room resales only, last 12 months. Bands with fewer than eight are not shown.

Storey band	Median price per ft²	Transactions behind the figure
Floors 4 to 6	$860/ft²	n = 14
Floors 7 to 9	$947/ft²	n = 9
Floors 13 to 15	$1,000/ft²	n = 11
Floors 16 to 21	$1,010/ft²	n = 20
22nd floor and above	$1,070/ft²	n = 48

Buyers: Where does a price sit?

Ranked against 220 resales in Toa Payoh Central (12 months).

Resale price

Floor area in ft²

S$955,000 for 1,041 ft² is around the 50th percentile of the 220 resales recorded here.

Sellers: How much is my flat worth?

At the median of S$917 per square foot, over 220 resales (12 months).

A market figure for that size in Toa Payoh Central, not a valuation of your flat.

Floor area in ft²

S$955,000

middle 60% of resales: S$654,000 to S$1,120,000 for that size · 220 resales, 12 months

Resales (last 12 months)

220 sales

Resales in Toa Payoh Central, last 12 months
	Address
Aug 2026	139b Lor 1a Toa Payoh	S$1,490,000	5-room	85 yrs	$1,220
Aug 2026	138c Lor 1a Toa Payoh	S$1,450,000	5-room	85 yrs	$1,150
Aug 2026	81 Lor 4 Toa Payoh	S$1,180,000	5-room	70 yrs	$898
Aug 2026	81b Lor 4 Toa Payoh	S$1,088,000	5-room	70 yrs	$835
Aug 2026	79b Toa Payoh Ctrl	S$1,050,000	4-room	82 yrs	$1,070
Aug 2026	79b Toa Payoh Ctrl	S$968,000	4-room	82 yrs	$975
Aug 2026	152 Lor 2 Toa Payoh	S$960,000	4-room	78 yrs	$975
Aug 2026	156 Lor 1 Toa Payoh	S$900,000	4-room	72 yrs	$828
Aug 2026	178 Toa Payoh Ctrl	S$460,000	3-room	45 yrs	$638
Aug 2026	85c Lor 4 Toa Payoh	S$440,000	3-room	44 yrs	$601
Aug 2026	157 Lor 1 Toa Payoh	S$338,000	3-room	44 yrs	$468
Aug 2026	161 Lor 1 Toa Payoh	S$282,000	2-room	45 yrs	$655
Jul 2026	138b Lor 1a Toa Payoh	S$1,570,000	5-room	85 yrs	$1,280
Jul 2026	138a Lor 1a Toa Payoh	S$1,550,000	5-room	85 yrs	$1,260
Jul 2026	139a Lor 1a Toa Payoh	S$1,285,000	5-room	85 yrs	$1,060
Jul 2026	84 Lor 2 Toa Payoh	S$1,158,000	5-room	70 yrs	$860
Jul 2026	171 Lor 1 Toa Payoh	S$1,060,000	5-room	68 yrs	$794
Jul 2026	152 Lor 2 Toa Payoh	S$1,027,000	4-room	79 yrs	$1,050
Jul 2026	147 Lor 2 Toa Payoh	S$1,000,000	4-room	79 yrs	$1,020
Jul 2026	145 Lor 2 Toa Payoh	S$980,000	4-room	79 yrs	$1,060

Median price per ft²

$1,650

95% CI $1,580–$2,270 · n = 20 strata caveats (12 months)

Median price

$2,100,000

n = 20 resale caveats (12 months)

How private prices are spread in Toa Payoh Central

p20 $1,580
p80 $2,330
95% CI $1,580–$2,270

The tails of this distribution are not published here: a 5th or 95th percentile needs at least 50 caveats carrying a rate, and Toa Payoh Central has 20. The middle 60% and the interval above rest on those same 20 caveats.

By property type

Resale only, over the same 12 months. The headline above is condominiums and apartments; executive-condominium and landed rows appear here and are not in it.

Property type	Median price per ft²	Transactions behind the figure
Apartmentmedian $1,870,000	$1,610/ft²	n = 12

Buyers: Where does a price sit?

Placed on the published percentiles for 20 caveats in Toa Payoh Central (12 months).

Price

Floor area in ft²

S$2,100,000 for 1,277 ft² is around the 48th percentile of the 20 caveats recorded here.

Sellers: How much is my home worth?

At the median of S$1,650 per square foot, over 20 caveats (12 months).

A market figure for that size in Toa Payoh Central, not a valuation of your flat.

Floor area in ft²

S$2,100,000

middle 60% of caveats: S$2,020,000 to S$2,980,000 for that size · 20 caveats, 12 months

Private sales by project in Toa Payoh Central

1 development with at least ten caveats in the last 12 months.

URA permits derived statistics and not the caveat records, so the private register is published by development rather than sale by sale. Each row is a median across that development’s caveats in the window.

Private sales by project in Toa Payoh Central, last 12 months
	Tenure				New sale S$/ft²	Details
Oleander TowersLorong 1 Toa Payoh	99 yrs lease commencing from 1995	12	$1,870,000	$1,610	no launch

Public (HDB) rents in Toa Payoh Central

Approved HDB rentals in the last 12 months, against resale prices for the same flat type.

Gross yield, 4-room

5.0%

on 79 years of lease remaining

Median rent, 4-room

$3,850/mo

from 165 approved rentals (12 months)

Median resale price, 4-room

$929,000

from 116 resales (12 months)

Rent by flat type

Approved HDB rentals in Toa Payoh Central over the last 12 months, each flat type against the resale price of the same flat type.

Flat type	Median monthly rent	Gross yield
3-room	$3,000/mo	9.5%
4-room	$3,850/mo	5.0%
5-room	$4,300/mo	4.2%

Private rents in Toa Payoh Central

Lease contracts lodged with URA in the last 12 months, against resale prices for units of the same floor area.

Gross yield range

n/a

too few lettings and resales in any one size band

Median monthly rent

$5,000/mo

middle 50% $3,800–$9,500 · all sizes, 192 contracts (12 months)

Median resale price

$2,100,000

all sizes, 20 resale caveats (12 months)

Rent by unit size

Lease contracts lodged with URA in Toa Payoh Central over the last 12 months, each size band against the resale price of the same size band.

Unit size	Median monthly rent	Gross yield
50–60 m²	$3,000/mo	too few lettings and too few resales
80–90 m²	$3,890/mo	too few lettings and too few resales
100–110 m²	$4,600/mo	too few resales
130–140 m²	$5,300/mo	too few resales
170–180 m²	$9,500/mo	too few lettings and too few resales
210–220 m²	$10,100/mo	too few lettings and too few resales
250–260 m²	$11,900/mo	too few lettings and too few resales

145 of 192 contracts are in the rows above. The rest sit in floor-area bands URA publishes wider than 10 m², which cannot be matched to a sale band without folding two sizes into one.

Rent by bedrooms

Lease contracts lodged with URA in Toa Payoh Central over the last 12 months.

Bedrooms	Median monthly rent	Transactions behind the figure
2 bedrooms	$3,700/mo	n = 46
3 bedrooms	$5,000/mo	n = 61
4 bedrooms	$10,500/mo	n = 66

173 of 192 contracts are in the rows above. 19 are in sizes with too few lettings to publish.

Contains information from the URA Data Service. Private rents and HDB rents are two registers and are never combined; the only figure that spans them is the gross yield, which is a ratio, and even there the assets differ: every HDB flat is a 99-year lease that cannot be let at all during its first five years, while a private unit may be freehold.

Nearby areas

Median price per square foot in comparable areas, each over its own stated window (12 to 24 months).

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HDB resale registrations to August 2026 (hdb registers a resale on completion, weeks after the price is agreed) · how these figures are made

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Plain text

IndexProp SG, "Property prices in Toa Payoh Central", dataset 2026-08, https://indexprop.com/sg/property-prices/neighbourhood/toa-payoh-central. Contains information from HDB Resale Flat Prices accessed from Data.gov.sg and made available under the Singapore Open Data Licence version 1.0. Area boundaries from URA Master Plan 2019, also under SODL 1.0. Private figures are derived statistics from the URA Data Service.

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<a href="https://indexprop.com/sg/property-prices/neighbourhood/toa-payoh-central">Property prices in Toa Payoh Central - IndexProp SG</a> (dataset 2026-08). Contains information from HDB Resale Flat Prices (Data.gov.sg, Singapore Open Data Licence v1.0) and derived statistics from the URA Data Service.

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Private property prices per square foot in Toa Payoh Central

Median price per ft²The middle resale price per square foot of 220 transactions in the last 12 months. Each transaction's own price is divided by its own floor area first, then the median is taken over those.

Median resale priceThe middle price paid, before dividing by floor area. It moves with the mix of flat types resold as well as with the market.

Median lease remainingYears left on the 99-year lease at the point of resale. Below roughly 60 years, CPF usage and bank financing both tighten, and the resale market prices that in.

How prices are spread in Toa Payoh CentralEvery resale in Toa Payoh Central over the last 12 months, on a S$/ft² scale: a taller bar means more at that rate. Sample: 220 resales. The markers are the published statistics over the same window; the counts can differ by a handful at the window edge.

By flat typeHDB’s own flat types, each at its own median rate. A smaller flat usually costs more per square foot and less in total, so the rate and the price move in opposite directions: the rate is the ranked column and the price is a caption beside its type.

Price by remaining lease, 4-roomCPF usage and bank loan-to-value both tighten as the tail shortens, which is why the rate bends decades before the lease ends. Flat type is held fixed: pooled, this would compare short-lease 3-rooms with long-lease 5-rooms and call the mix lease decay.

Price by floor, 4-roomHDB publishes a storey range rather than an exact floor, so these are its own bands. Flat type is held fixed, which makes this a statement about height rather than about what sits on each floor.

Buyers: Where does a price sit?Your price divided by your floor area, ranked against every resale in the window here. It is the same population the spread above is drawn from, so the two can never disagree.

Sellers: How much is my flat worth? Floor area × the median price per square foot in Toa Payoh Central, over the last 12 months. The band is the same sum at the middle 60%. It knows the area and the size, nothing else: storey, lease and condition are what a valuation is for.

Resales (last 12 months)

Private prices in Toa Payoh Central

Median price per ft²

Median price

How private prices are spread in Toa Payoh CentralEvery private resale caveat in Toa Payoh Central over the last 12 months, counted into 56 bands: a taller bar means more caveats at that rate. Published as counts rather than as a list of sales, because URA permits statistics and not the caveats.

By property typeURA’s own property types, each at its own median rate, so a condominium and an apartment are never averaged into one figure. Landed is priced on land area rather than floor area, so it carries no rate and the row says so.

Sellers: How much is my home worth? Floor area × the median price per square foot in Toa Payoh Central, over the last 12 months. The band is the same sum at the middle 60%. It knows the area and the size, nothing else: floor, facing, tenure and condition are what a valuation is for.

Private sales by project in Toa Payoh Central

Public (HDB) rents in Toa Payoh CentralHDB approves each subletting of a whole flat and records the rent declared on the application, so these are declared rents rather than registry-verified prices. A rented room is not in this register. A separate register from URA’s, never averaged with it.

Private rents in Toa Payoh CentralURA records every private lease contract lodged with it, so these are contract rents rather than asking prices. Lodging is not compulsory, so the most recent quarter is still filling in. A separate register from HDB’s, never averaged with it.

Rent by unit sizeFloor area is the one key both private registers record, so it is what the yield is matched on, because bedrooms exist on a lease contract and not on a sale caveat. Only exact 10 m² bands are joined; a wider band is left out rather than folded into a narrower one.

Rent by bedroomsURA records a bedroom count on a rental contract but not on a sale caveat, so bedrooms describe renting only and can never be matched to a price. The size table above is the one that carries a yield.

Nearby areas Each trend line is that area’s own quarterly median price per square foot, scaled to its own range: compare directions, not heights. Gaps are quarters with too few resales to publish a median.

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Median price per ft²

Median resale price

Median lease remaining

How prices are spread in Toa Payoh Central

By flat type

Price by remaining lease, 4-room

Price by floor, 4-room

Buyers: Where does a price sit?

Sellers: How much is my flat worth?

How private prices are spread in Toa Payoh Central

By property type

Sellers: How much is my home worth?

Public (HDB) rents in Toa Payoh Central

Private rents in Toa Payoh Central

Rent by unit size

Rent by bedrooms

Nearby areas