120 Lorong 2 Toa Payoh 310120, Toa Payoh West, Central Region, Singapore
$3,000 /month
Discover your ideal home in this charming 2-bedroom HDB unit available for rental now at 120, Lorong 2 Toa Payoh, Singapore. Spanning 430 sqft, this well-maintained residence features modern kitchen furnishings, air conditioning for comfort, and a cozy living space perfect for relaxation. Enjoy convenient access to Braddell MRT station, just 1.1 km away, and the nearby FairPrice supermarket (0.5 km) for your daily needs. Families will appreciate the proximity to reputable schools such as CHIJ Secondary School (1.3 km) and Raffles Institution (1.6 km). With shopping options like Evershine Optical (1.5 km), everything you need is within reach. This unit also includes essential amenities such as a washing machine, fridge, and wardrobe, ensuring a comfortable living experience. Don't miss this opportunity to secure a lovely home in the heart of Toa Payoh, where convenience meets comfort. Schedule a viewing today! * Walking distance to MRT * Near amenities such as Bus-stop wet markets, schools, childcare, and coffee shops. * Immediate move-in * Easy access to PIE/ CTE For more information and a viewing appointment, please contact David Wong at 9846XXXX *
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: L3006155F
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Estimated sale value based on 12 HDB resale transactions (data.gov.sg)
Fair Value
S$174,184
S$405 psf
Asking Price
S$3,000
S$7 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
40 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Medium
12 comps
Nearest MRT
Braddell
205m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
12 comparable transactions
S$675
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.571
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$405
Recent Comparable Transactions
10 shown · 12 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 120 LOR 2 TOA PAYOH Floor 07 TO 09 | 431sqft | S$278,000 | ▲S$646 +59.5% vs FV | 99yr from 1968 |
Mar 2026 | Blk 120 LOR 2 TOA PAYOH Floor 07 TO 09 | 431sqft | S$278,000 | ▲S$646 +59.5% vs FV | 99yr from 1968 |
Feb 2026 | Blk 120 LOR 2 TOA PAYOH Floor 04 TO 06 | 431sqft | S$310,000 | ▲S$720 +77.8% vs FV | 99yr from 1968 |
Jan 2026 | Blk 120 LOR 2 TOA PAYOH Floor 01 TO 03 | 431sqft | S$272,000 | ▲S$632 +56.0% vs FV | 99yr from 1968 |
May 2025 | Blk 120 LOR 2 TOA PAYOH Floor 01 TO 03 | 409sqft | S$270,000 | ▲S$660 +63.0% vs FV | 99yr from 1968 |
May 2025 | Blk 120 LOR 2 TOA PAYOH Floor 04 TO 06 | 431sqft | S$305,000 | ▲S$708 +74.8% vs FV | 99yr from 1968 |
Apr 2025 | Blk 120 LOR 2 TOA PAYOH Floor 07 TO 09 | 431sqft | S$315,000 | ▲S$732 +80.7% vs FV | 99yr from 1968 |
Mar 2025 | Blk 120 LOR 2 TOA PAYOH Floor 07 TO 09 | 431sqft | S$297,000 | ▲S$690 +70.4% vs FV | 99yr from 1968 |
Mar 2025 | Blk 120 LOR 2 TOA PAYOH Floor 04 TO 06 | 431sqft | S$285,000 | ▲S$662 +63.5% vs FV | 99yr from 1968 |
Feb 2025 | Blk 120 LOR 2 TOA PAYOH Floor 04 TO 06 | 431sqft | S$280,000 | ▲S$650 +60.5% vs FV | 99yr from 1968 |
Sep 2024 | Blk 120 LOR 2 TOA PAYOH Floor 04 TO 06 | 431sqft | S$280,000 | ▲S$650 +60.5% vs FV | 99yr from 1968 |
Blk 120 LOR 2 TOA PAYOH
Mar 2026 · Floor 07 TO 09
+59.5% vs FV
Blk 120 LOR 2 TOA PAYOH
Mar 2026 · Floor 07 TO 09
+59.5% vs FV
Blk 120 LOR 2 TOA PAYOH
Feb 2026 · Floor 04 TO 06
+77.8% vs FV
Blk 120 LOR 2 TOA PAYOH
Jan 2026 · Floor 01 TO 03
+56.0% vs FV
Blk 120 LOR 2 TOA PAYOH
May 2025 · Floor 01 TO 03
+63.0% vs FV
Blk 120 LOR 2 TOA PAYOH
May 2025 · Floor 04 TO 06
+74.8% vs FV
Blk 120 LOR 2 TOA PAYOH
Apr 2025 · Floor 07 TO 09
+80.7% vs FV
Blk 120 LOR 2 TOA PAYOH
Mar 2025 · Floor 07 TO 09
+70.4% vs FV
Blk 120 LOR 2 TOA PAYOH
Mar 2025 · Floor 04 TO 06
+63.5% vs FV
Blk 120 LOR 2 TOA PAYOH
Feb 2025 · Floor 04 TO 06
+60.5% vs FV
Blk 120 LOR 2 TOA PAYOH
Sep 2024 · Floor 04 TO 06
+60.5% vs FV
HELIOS AI Analysis
The valuation of the HDB 2 Room unit in Toa Payoh at an estimated value of $174,184 (equating to $405 PSF) reflects a stable market position, particularly given the remaining lease of 40 years. This valuation is indicative of the current market dynamics, where the property maintains a zero percent difference from the established market price baseline. Such stability suggests an equilibrium between buyer demand and seller supply, with neither party exerting significant pressure on pricing.
Analyzing the recent transactions—12 in total—within the vicinity reinforces the reliability of this valuation, as it draws from a robust dataset that captures the nuances of the local market. The medium confidence level associated with this model underscores the importance of considering external market factors, such as economic conditions and demographic trends, which can influence property values over time. As Toa Payoh continues to be a sought-after location due to its centrality and established amenities, the remaining lease period presents a significant consideration for potential buyers, balancing affordability with long-term investment potential.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.