232 Lorong 8 Toa Payoh 310232, Pei Chun, Central Region, Singapore
$3,000 /month









For Rent 3I 2 bedrooms High floor Renovated Discover your new home in this inviting 2-bedroom, 1-bathroom HDB unit, available now for rental! Spanning 700 sqft, this cozy apartment located at 232, Lorong 8 Toa Payoh offers the perfect blend of comfort and convenience. Enjoy a well-equipped modern kitchen, spacious dining table, and comfortable sofa, making entertaining a breeze. You’ll find essential amenities just a stone's throw away: Sheng Siong Supermarket (0.6 km) for your grocery needs and 600 @ Toa Payoh (0.4 km) for shopping. Families will appreciate the proximity to Beatty Secondary School (1.4 km) and SAFRA Toa Payoh (1.3 km), ideal for education and recreational activities. With easy access to public transport and a vibrant neighborhood, this unit is perfect for anyone looking to make Toa Payoh their home. Don’t miss out on this fantastic opportunity; schedule a viewing today and step into your new life in Toa Payoh!
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…


License: L3009250K
Estimated sale value based on 419 HDB resale transactions (data.gov.sg) · 81 outliers removed (IQR)
Fair Value
S$276,277
S$395 psf
Asking Price
S$3,000
S$5 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
-99.0%
Tenure
49 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
High
419 comps
Nearest MRT
Woodleigh
1321m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
419 comparable transactions
S$564
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$395
Recent Comparable Transactions
10 shown · 419 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJan 2026 | Blk 232 LOR 8 TOA PAYOH Floor 07 TO 09 | 700sqft | S$345,000 | ▲S$493 +24.8% vs FV | 99yr from 1976 |
Jan 2026 | Blk 232 LOR 8 TOA PAYOH Floor 07 TO 09 | 700sqft | S$345,000 | ▲S$493 +24.8% vs FV | 99yr from 1976 |
Sep 2025 | Blk 232 LOR 8 TOA PAYOH Floor 04 TO 06 | 700sqft | S$343,000 | ▲S$490 +24.1% vs FV | 99yr from 1976 |
Aug 2025 | Blk 232 LOR 8 TOA PAYOH Floor 04 TO 06 | 700sqft | S$383,000 | ▲S$547 +38.5% vs FV | 99yr from 1976 |
Jul 2025 | Blk 232 LOR 8 TOA PAYOH Floor 04 TO 06 | 700sqft | S$385,000 | ▲S$550 +39.2% vs FV | 99yr from 1976 |
Jun 2025 | Blk 232 LOR 8 TOA PAYOH Floor 07 TO 09 | 700sqft | S$368,000 | ▲S$526 +33.2% vs FV | 99yr from 1976 |
Jun 2025 | Blk 232 LOR 8 TOA PAYOH Floor 04 TO 06 | 700sqft | S$363,000 | ▲S$519 +31.4% vs FV | 99yr from 1976 |
Mar 2026 | Blk 173 LOR 1 TOA PAYOH Floor 07 TO 09 | 710sqft | S$345,000 | ▲S$486 +23.0% vs FV | 99yr from 1972 |
Mar 2026 | Blk 168 LOR 1 TOA PAYOH Floor 07 TO 09 | 700sqft | S$370,000 | ▲S$529 +33.9% vs FV | 99yr from 1972 |
Mar 2026 | Blk 56 LOR 4 TOA PAYOH Floor 01 TO 03 | 614sqft | S$280,000 | ▲S$456 +15.4% vs FV | 99yr from 1967 |
Mar 2026 | Blk 12 LOR 7 TOA PAYOH Floor 07 TO 09 | 710sqft | S$315,000 | ▲S$443 +12.2% vs FV | 99yr from 1970 |
Blk 232 LOR 8 TOA PAYOH
Jan 2026 · Floor 07 TO 09
+24.8% vs FV
Blk 232 LOR 8 TOA PAYOH
Jan 2026 · Floor 07 TO 09
+24.8% vs FV
Blk 232 LOR 8 TOA PAYOH
Sep 2025 · Floor 04 TO 06
+24.1% vs FV
Blk 232 LOR 8 TOA PAYOH
Aug 2025 · Floor 04 TO 06
+38.5% vs FV
Blk 232 LOR 8 TOA PAYOH
Jul 2025 · Floor 04 TO 06
+39.2% vs FV
Blk 232 LOR 8 TOA PAYOH
Jun 2025 · Floor 07 TO 09
+33.2% vs FV
Blk 232 LOR 8 TOA PAYOH
Jun 2025 · Floor 04 TO 06
+31.4% vs FV
Blk 173 LOR 1 TOA PAYOH
Mar 2026 · Floor 07 TO 09
+23.0% vs FV
Blk 168 LOR 1 TOA PAYOH
Mar 2026 · Floor 07 TO 09
+33.9% vs FV
Blk 56 LOR 4 TOA PAYOH
Mar 2026 · Floor 01 TO 03
+15.4% vs FV
Blk 12 LOR 7 TOA PAYOH
Mar 2026 · Floor 07 TO 09
+12.2% vs FV
HELIOS AI Analysis
<p>The valuation of the 3-room HDB unit in Toa Payoh, with a remaining lease of 49 years, stands at an estimated value of <strong>$276,277</strong>, translating to a price per square foot of <strong>$395</strong>. This figure reflects a market signal indicating a stable condition, with a <strong>0% difference from the baseline</strong>. Such stability is indicative of the strong demand and consistent performance of the HDB market in this established residential precinct.</p> <p>Our analysis, grounded in data from <strong>419 recent HDB resale transactions</strong> in the vicinity, reveals a high level of confidence in the valuation model employed. The Toa Payoh region is characterized by its central location and accessibility, which continues to allure prospective buyers despite the diminishing lease term. As the remaining lease approaches the 40-year mark, it is essential for potential buyers to consider the implications of lease decay on future resale value. However, the current market conditions suggest that the allure of Toa Payoh, with its rich amenities and strategic location, continues to uphold property values effectively, making this HDB unit a sound investment opportunity.</p>
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.