116 Lorong 2 Toa Payoh 310116, Toa Payoh West, Central Region, Singapore
$438,000















Unit Details: * 678 Sqft / 63sqm * 2 Bedrooms Intact * Very Functional And Efficient Layout * High Floor, Level 17 * Lease Start 1970, Balance 43 Years 8 Months * Quiet Environment With Unblocked View * Bright And Breezy With Cross-Wind * Serious And Motivated Seller * Pure Selling * Vacant Unit * No Ethnic Quota Restriction * House Facing South-West * Surrounded by plenty of amenities & eateries * Walking distance to Toa Payoh West Market & Food Centre Accessibility: Braddell MRT (NS18) | 0.07KM (4 MRT Stops to Orchard) Shopping Malls: Toa Payoh Mall | 0.96KM Junction 8 | 1.15KM Zhongshan Mall | 1.5KM Groceries: NTUC FairPrice @ 95 Lor 4 Toa Payoh | 0.36KM Ang Mo Supermarket @ 85B Lor 4 Toa Payoh | 0.53KM Sheng Siong Supermarket @ Lor 7 Toa Payoh | 1.06KM Eateries: Toa Payoh West Market & Food Centre | 0.31KM Toa Payoh Palm Spring Market | 0.44KM Toa Payoh Vista Market | 0.93KM Primary Schools: Kheng Cheng School | 0.37KM Marymount Convent School | 0.68KM CHIJ Primary (Toa Payoh) | 0.98KM First Toa Payoh Primary School | 1.00KM Pei Chun Public School | 1.1KM Kuo Chuan Presbyterian Primary School | 1.4KM Catholic High School | 1.59KM St. Gabriel’s Primary School | 2.08KM Secondary Schools: Raffles Girls' School (Secondary) | 0.38KM Guangyang Secondary School | 0.63KM Raffles Institution | 0.64KM Beatty Secondary School | 0.7KM For Viewing Arrangement, Kindly Contact Our Associate Consultants Lyndon Leong @ 9.0.9.9.4.6.8.8 Emeline Cheng @ 9.7.4.2.3.1.8.8 PropertyLimBrothers Team
The following locations are within radius of this property, with distance shown in kilometers.
Loading map...
Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
Disclaimer: The information provided on Listings.sg is for general informational purposes only. While we strive to ensure the accuracy of property listings, they are subject to change. If you notice any inaccuracies, fraudulent activity, or issues with this listing, please report it to our support team.
Automated Valuation based on 12 HDB resale transactions (data.gov.sg)
Fair Value
S$241,535
S$356 psf
Asking Price
S$438,000
S$646 psf
vs Market
+81.3%
vs Last Done
+30.8%
Tenure
41 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Medium
12 comps
Nearest MRT
Braddell
85m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
12 comparable transactions
S$579
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.586
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$356
Recent Comparable Transactions
10 shown · 12 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 116 LOR 2 TOA PAYOH Floor 13 TO 15 | 678sqft | S$335,000 | ▲S$494 +38.8% vs FV | 99yr from 1970 |
Mar 2026 | Blk 116 LOR 2 TOA PAYOH Floor 13 TO 15 | 678sqft | S$335,000 | ▲S$494 +38.8% vs FV | 99yr from 1970 |
Jan 2026 | Blk 116 LOR 2 TOA PAYOH Floor 16 TO 18 | 678sqft | S$360,000 | ▲S$531 +49.2% vs FV | 99yr from 1970 |
Dec 2025 | Blk 116 POTONG PASIR AVE 1 Floor 04 TO 06 | 721sqft | S$412,000 | ▲S$571 +60.4% vs FV | 99yr from 1984 |
Nov 2025 | Blk 116 LOR 2 TOA PAYOH Floor 10 TO 12 | 678sqft | S$399,000 | ▲S$588 +65.2% vs FV | 99yr from 1970 |
Nov 2025 | Blk 116 LOR 2 TOA PAYOH Floor 10 TO 12 | 678sqft | S$420,000 | ▲S$619 +73.9% vs FV | 99yr from 1970 |
Oct 2025 | Blk 116 LOR 2 TOA PAYOH Floor 04 TO 06 | 775sqft | S$430,000 | ▲S$555 +55.9% vs FV | 99yr from 1970 |
Sep 2025 | Blk 116 LOR 2 TOA PAYOH Floor 13 TO 15 | 775sqft | S$430,000 | ▲S$555 +55.9% vs FV | 99yr from 1970 |
Aug 2025 | Blk 116 LOR 2 TOA PAYOH Floor 16 TO 18 | 678sqft | S$410,000 | ▲S$605 +69.9% vs FV | 99yr from 1970 |
Aug 2025 | Blk 116 LOR 2 TOA PAYOH Floor 10 TO 12 | 775sqft | S$478,000 | ▲S$617 +73.3% vs FV | 99yr from 1970 |
Jun 2025 | Blk 116 LOR 2 TOA PAYOH Floor 16 TO 18 | 678sqft | S$410,000 | ▲S$605 +69.9% vs FV | 99yr from 1970 |
Blk 116 LOR 2 TOA PAYOH
Mar 2026 · Floor 13 TO 15
+38.8% vs FV
Blk 116 LOR 2 TOA PAYOH
Mar 2026 · Floor 13 TO 15
+38.8% vs FV
Blk 116 LOR 2 TOA PAYOH
Jan 2026 · Floor 16 TO 18
+49.2% vs FV
Blk 116 POTONG PASIR AVE 1
Dec 2025 · Floor 04 TO 06
+60.4% vs FV
Blk 116 LOR 2 TOA PAYOH
Nov 2025 · Floor 10 TO 12
+65.2% vs FV
Blk 116 LOR 2 TOA PAYOH
Nov 2025 · Floor 10 TO 12
+73.9% vs FV
Blk 116 LOR 2 TOA PAYOH
Oct 2025 · Floor 04 TO 06
+55.9% vs FV
Blk 116 LOR 2 TOA PAYOH
Sep 2025 · Floor 13 TO 15
+55.9% vs FV
Blk 116 LOR 2 TOA PAYOH
Aug 2025 · Floor 16 TO 18
+69.9% vs FV
Blk 116 LOR 2 TOA PAYOH
Aug 2025 · Floor 10 TO 12
+73.3% vs FV
Blk 116 LOR 2 TOA PAYOH
Jun 2025 · Floor 16 TO 18
+69.9% vs FV
HELIOS AI Analysis
In the competitive landscape of Singapore's real estate market, the valuation of a HDB 3-room unit in Toa Payoh presents intriguing insights. With a remaining lease of 41 years, the estimated value of this property stands at $241,535, translating to a price per square foot (PSF) of $356. This valuation signals a notable disparity from the baseline market price, with a striking 81.3% difference indicating that the property is currently positioned above market expectations. Such an elevation in value can be reflective of various factors, including demand dynamics, local amenities, and the overall desirability of the Toa Payoh precinct.
Despite a medium level of confidence in the model, the valuation is supported by data from 12 recent HDB resale transactions within the vicinity, underscoring the active market engagement in this area. The robust premium associated with this property may be indicative of its strategic location, proximity to essential services, and the enduring appeal of Toa Payoh as a residential choice. Buyers and investors must consider these elements, alongside the remaining lease, when evaluating the long-term investment potential of this HDB unit in a market characterized by fluctuating trends and evolving buyer preferences.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.