228 Lorong 8 Toa Payoh 310228, Pei Chun, Central Region, Singapore
$518,000
Looking for a well located home in the heart of Singapore at an attractive price point? This 4 room unit at Lorong 8 Toa Payoh offers a rare opportunity to own a spacious home in a mature estate with strong connectivity and amenities. Situated on a high floor, the unit enjoys good natural light and ventilation, creating a bright and comfortable living environment. The layout is efficient and squarish, with minimal wasted space, making it ideal for both own stay and investment. Location is the true highlight. Nestled in the highly sought after Toa Payoh estate, you are just minutes away from Braddell MRT and well connected to major expressways. Daily conveniences are all within easy reach, including supermarkets, eateries, and neighbourhood shops. Reputable schools such as Pei Chun Public School are also nearby. This is a great option for buyers who value central location and accessibility, while enjoying a more affordable entry price compared to newer developments. Key Highlights Bright and breezy Efficient and spacious layout Central location in mature estate Near MRT and amenities Strong rental demand potential Serious seller. All buyers welcome. Contact Kelvin Tan at 8205.1889 for an exclusive viewing today.
The following locations are within radius of this property, with distance shown in kilometers.
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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…


License: L3008022J
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Automated Valuation based on 3 HDB resale transactions (data.gov.sg)
Fair Value
S$333,333
S$378 psf
Asking Price
S$518,000
S$587 psf
vs Market
+55.4%
vs Last Done
+23.3%
Tenure
49 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Low
3 comps
Nearest MRT
Woodleigh
1314m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$539
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.700
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$378
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneNov 2025 | Blk 228 LOR 8 TOA PAYOH Floor 01 TO 03 | 883sqft | S$420,000 | ▲S$476 +25.9% vs FV | 99yr from 1976 |
Nov 2025 | Blk 228 LOR 8 TOA PAYOH Floor 01 TO 03 | 883sqft | S$420,000 | ▲S$476 +25.9% vs FV | 99yr from 1976 |
Aug 2025 | Blk 228 LOR 8 TOA PAYOH Floor 13 TO 15 | 883sqft | S$520,000 | ▲S$589 +55.8% vs FV | 99yr from 1976 |
Apr 2025 | Blk 228 LOR 8 TOA PAYOH Floor 10 TO 12 | 883sqft | S$488,000 | ▲S$553 +46.3% vs FV | 99yr from 1976 |
Blk 228 LOR 8 TOA PAYOH
Nov 2025 · Floor 01 TO 03
+25.9% vs FV
Blk 228 LOR 8 TOA PAYOH
Nov 2025 · Floor 01 TO 03
+25.9% vs FV
Blk 228 LOR 8 TOA PAYOH
Aug 2025 · Floor 13 TO 15
+55.8% vs FV
Blk 228 LOR 8 TOA PAYOH
Apr 2025 · Floor 10 TO 12
+46.3% vs FV
HELIOS AI Analysis
The valuation of the 4-room HDB unit in Toa Payoh, with a remaining lease of 49 years, stands at an estimated value of $333,333, translating to a price per square foot (PSF) of $378. This valuation indicates a significant premium, with a remarkable 55.4% deviation from the baseline market price. Such a discrepancy signals a market condition that may be driven by localized demand factors, despite the inherent risks associated with a shorter lease term.
Toa Payoh is known for its strategic location and vibrant community, which often attracts buyers willing to pay a premium for properties in this enclave. However, the model confidence for this valuation is classified as low, suggesting that the data supporting this price point is not robust. This valuation is based on three recent HDB resale transactions in the vicinity, which may not fully encapsulate broader market trends or nuances. Investors and potential buyers should approach this valuation with caution, considering both the implications of the remaining lease and the current dynamics of the HDB resale market.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.