217 Lorong 8 Toa Payoh 310217, Lorong 8 Toa Payoh, Central Region, Singapore
$740,000
This flat is a 5 Rooms HDB for sale in 217 Lorong 8 Toa Payoh, a stunning HDB Resale Flat in Singapore. Key features ○ Move-in condition ○ Well-maintained and renovated condition ○ Squarish layout ○ Spacious layout ○ Corner unit ○ Quiet and peaceful facing ○ Quiet area ○ Greenery view ○ Open concept kitchen ○ Excellent location ○ Good for investment Searching for a property in Singapore? Look no further than this stunning HDB for Sale in Toa Payoh. Located in Toa Payoh HDB Estate, this development is part of District 12. Completed in 1975, Lorong 8 Toa Payoh is a 99 year leasehold HDB Development with a total of 96 units. It has a total of 25 floors and is one of 30 HDB Blocks on Lorong 8 Toa Payoh. If you are looking for a property in the Toa Payoh, this is might be the perfect unit for you! Nearby amenities ⭑ Nearby MRTs • 1 MRT within 1 km ⭑ Nearby Bus stops • Blk 147 (94 m) - 2 mins walk • Blk 219 (148 m) - 3 mins walk • Blk 210 Market/food center (324 m) - 5 mins walk • 7 more walking distance bus stops within 500 m ⭑ Nearby Grocery Stores • Sheng Siong Supermarket (408 m) - 6 mins walk • Sheng Siong - Toa Payoh Grocery Store (413 m) - 6 mins walk • 8 grocery stores within 1 km ⭑ Nearby Schools • First Toa Payoh Primary School (277 m) - 4 mins walk • Beatty Secondary School (282 m) - 4 mins walk • MOE Kindergarten @ First Toa Payoh (326 m) - 5 mins walk • 5 more schools within 1 km ⭑ Nearby Parks • Bishan Circular Cycling Ramp (341 m) - 5 mins walk • Laut lepas singapore (614 m) - 11 mins drive • Toa Payoh Sensory Park (853 m) - 7 mins drive • 1 more park within 1 km Please call Martinez “Martinez” from 99.co @ +659003XXXX to arrange for a viewing.
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: L3002382K
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Automated Valuation based on 5 HDB resale transactions (data.gov.sg)
Fair Value
S$481,059
S$382 psf
Asking Price
S$740,000
S$588 psf
vs Market
+53.8%
vs Last Done
+13.1%
Tenure
48 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Low
5 comps
Nearest MRT
Braddell
899m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
5 comparable transactions
S$546
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.686
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$382
Recent Comparable Transactions
5 shown · 5 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2025 | Blk 217 LOR 8 TOA PAYOH Floor 04 TO 06 | 1,259sqft | S$655,000 | ▲S$520 +36.1% vs FV | 99yr from 1976 |
May 2025 | Blk 217 LOR 8 TOA PAYOH Floor 04 TO 06 | 1,259sqft | S$655,000 | ▲S$520 +36.1% vs FV | 99yr from 1976 |
Mar 2025 | Blk 217 LOR 8 TOA PAYOH Floor 04 TO 06 | 1,259sqft | S$625,000 | ▲S$496 +29.8% vs FV | 99yr from 1976 |
Sep 2024 | Blk 217 LOR 8 TOA PAYOH Floor 22 TO 24 | 1,259sqft | S$700,000 | ▲S$556 +45.5% vs FV | 99yr from 1976 |
Sep 2024 | Blk 217 LOR 8 TOA PAYOH Floor 22 TO 24 | 1,259sqft | S$760,000 | ▲S$603 +57.9% vs FV | 99yr from 1976 |
Jul 2024 | Blk 217 LOR 8 TOA PAYOH Floor 19 TO 21 | 1,259sqft | S$700,000 | ▲S$556 +45.5% vs FV | 99yr from 1976 |
Blk 217 LOR 8 TOA PAYOH
May 2025 · Floor 04 TO 06
+36.1% vs FV
Blk 217 LOR 8 TOA PAYOH
May 2025 · Floor 04 TO 06
+36.1% vs FV
Blk 217 LOR 8 TOA PAYOH
Mar 2025 · Floor 04 TO 06
+29.8% vs FV
Blk 217 LOR 8 TOA PAYOH
Sep 2024 · Floor 22 TO 24
+45.5% vs FV
Blk 217 LOR 8 TOA PAYOH
Sep 2024 · Floor 22 TO 24
+57.9% vs FV
Blk 217 LOR 8 TOA PAYOH
Jul 2024 · Floor 19 TO 21
+45.5% vs FV
HELIOS AI Analysis
The valuation of the HDB 5 Room property located in Toa Payoh, with a remaining lease of 48 years, stands at an estimated value of $481,059 or $382 PSF. This valuation is notably positioned above the market average, reflecting a substantial 53.8% difference from the baseline established by comparable transactions in the area. Such a premium suggests a strong demand for HDB properties in this mature estate, which is renowned for its accessibility, amenities, and community-centric living.
However, it is essential to note that the model confidence for this valuation is categorized as low, which implies that the estimate is based on a limited dataset of only five recent HDB resale transactions in the vicinity. This data limitation may influence the reliability of the valuation, especially in a dynamic market like Singapore's, where localised factors can significantly affect property prices. Buyers and investors should consider the remaining lease of 48 years, as lease decay could impact future resale values. Thus, while the immediate market signal indicates a robust demand, stakeholders should remain vigilant regarding the potential implications of lease longevity on property desirability.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.