Toa Payoh HDB Resale Price

Toa Payoh is one of Singapore’s oldest and most established mature HDB towns, located primarily within District 12 near the central region of Singapore. Widely recognised as one of HDB’s earliest large-scale satellite towns, Toa Payoh is known for its strong transport connectivity, mature amenities, established community infrastructure, and relatively central location. Over the years, it has remained one of the most consistently monitored HDB resale markets among both owner-occupiers and long-term property buyers.

Toa Payoh HDB resale prices have generally remained resilient due to the estate’s strategic positioning and comparatively limited supply of newer flats within the area. Neighbourhoods such as Toa Payoh Central, Lorong 1 Toa Payoh, Lorong 4, Lorong 5, and Braddell have continued attracting steady buyer demand because of their proximity to MRT stations, schools, healthcare facilities, and city-fringe employment hubs. Flats located near Toa Payoh MRT interchange, Braddell MRT station, and integrated commercial amenities have frequently achieved stronger PSF levels, particularly for high-floor units and projects with relatively newer lease profiles.

One of Toa Payoh’s key strengths lies in its central accessibility and transport connectivity. Residents benefit from relatively direct commuting access to Orchard Road, Novena, Marina Bay, Bishan, and the CBD through the North-South MRT Line and nearby expressways such as the PIE and CTE. The estate’s central positioning continues supporting housing demand from working professionals, families, and long-term upgraders seeking mature-town convenience without being located directly within the city centre.

Toa Payoh may also continue benefiting from ongoing rejuvenation and redevelopment activity across nearby districts such as Novena and Balestier. The continued growth of the Novena healthcare and medical hub, alongside broader commercial and transport infrastructure improvements within central Singapore, may help sustain long-term residential demand across the estate. Flats located near MRT stations, healthcare clusters, and integrated amenities may continue attracting stronger resale interest over time.

The estate also benefits from a highly mature urban environment with established hawker centres, neighbourhood retail clusters, sports facilities, parks, schools, and healthcare institutions. Areas near Toa Payoh Hub, Braddell, and the Novena fringe continue supporting broad-based housing demand from different buyer groups. Due to the estate’s age and limited availability of large-scale new HDB supply, selected projects with stronger lease profiles or premium locations have also seen increasing buyer attention in recent years.

As one of Singapore’s earliest mature HDB towns, Toa Payoh continues holding long-term historical and residential significance within the public housing market. Its combination of central accessibility, mature infrastructure, and relatively resilient buyer demand has contributed to sustained interest across different property market cycles.

This page serves as the main Toa Payoh HDB resale price and market analysis hub by HDB Insights. Here, you can explore the latest Toa Payoh HDB resale prices, monthly transaction activity, PSF trends, flat type performance, million-dollar flat activity, lease profile patterns, MRT proximity trends, and record-setting resale transactions across the town.

May 2026 Toa Payoh HDB Resale Price Overview

This overview summarises the latest HDB resale transaction activity and pricing trends observed across Toa Payoh, located in District 12, Central Region.

Toa Payoh recorded 64 HDB resale transactions in May 2026. The average resale price was $744,842, while the median resale price was $780,000. On a PSF basis, the average price was approximately $766 PSF, while the median PSF was approximately $705 PSF.

The highest recorded resale transaction for the month was $1,340,000 at 138C Lor 1a Toa Payoh. This was a low-floor DBSS 5-room flat with a floor area of 110 sqm, achieving an estimated $1,132 PSF. The flat was located approximately 490m from Toa Payoh MRT station.

The highest PSF transaction was recorded at 115C Alkaff Crescent, where a mid-floor Model A 4-room flat achieved approximately $1,255 PSF. The flat was located approximately 320m from Woodleigh MRT station.

16 million-dollar HDB resale transactions were recorded in Toa Payoh during the month. The most active flat type was 3-room, with 29 transactions.

41 transactions were located within 500m of an MRT station during the month.

The data below highlights key resale price movements, transaction activity, and notable market trends observed across Toa Payoh.

Most Expensive HDB Flat Types Sold in Toa Payoh

This section tracks the highest recorded HDB resale prices by flat type in Toa Payoh, based on available resale transactions in the database.

Highest 2-room Resale Price

The current 2-room price record in Toa Payoh was set by a high-floor Standard flat at 51 Lor 6 Toa Payoh, which sold for $360,000 in July 2025.

The transaction achieved approximately $669 PSF based on a floor area of 50 sqm. The flat was located approximately 700m from Braddell MRT station.

There has been 1 near-record attempt so far, with the closest sale reaching $345,000, about $15,000 below the existing record. The latest near-record attempt was recorded in March 2025.

Highest 3-room Resale Price

The current 3-room price record in Toa Payoh was set by a high-floor Model A flat at 115C Alkaff Crescent, which sold for $930,000 in October 2025.

The transaction achieved approximately $1,217 PSF based on a floor area of 71 sqm. The flat was located approximately 320m from Woodleigh MRT station.

There have been 5 near-record attempts so far, with the closest sale reaching $920,000, about $10,000 below the existing record. The latest near-record attempt was recorded in December 2025.

Highest 4-room Resale Price

The current 4-room price record in Toa Payoh was set by a mid-floor Model A flat at 118A Alkaff Crescent, which sold for $1,368,000 in March 2026.

The transaction achieved approximately $1,310 PSF based on a floor area of 97 sqm. The flat was located approximately 450m from Woodleigh MRT station.

There have been 3 near-record attempts so far, with the closest sale reaching $1,336,000, about $32,000 below the existing record. The latest near-record attempt was recorded in May 2026.

Highest 5-room Resale Price

The current 5-room price record in Toa Payoh was set by a mid-floor DBSS flat at 138A Lor 1a Toa Payoh, which sold for $1,600,000 in January 2025.

The transaction achieved approximately $1,270 PSF based on a floor area of 117 sqm. The flat was located approximately 440m from Braddell MRT station.

There have been 10 near-record attempts so far, with the closest sale reaching $1,568,888, about $31,112 below the existing record. The latest near-record attempt was recorded in March 2026.

Highest Executive Resale Price

The current Executive price record in Toa Payoh was set by a mid-floor Maisonette flat at 128 Potong Pasir Avenue 1, which sold for $1,260,000 in September 2025.

The transaction achieved approximately $727 PSF based on a floor area of 161 sqm. The flat was located approximately 530m from Potong Pasir MRT station.

There have been 8 near-record attempts so far, with the closest sale reaching $1,253,000, about $7,000 below the existing record. The latest near-record attempt was recorded in March 2026.

Record levels may change as new resale transactions are recorded. Near-record attempts are useful because they show whether recent transactions are still testing the upper end of the town’s resale price range.

Toa Payoh HDB Resale Price Summary

What Is the Average HDB Resale Price in Toa Payoh?

Based on 64 recorded resale transactions in May 2026, the average HDB resale price in Toa Payoh was approximately $744,842, while the median resale price was approximately $780,000.

This suggests that resale prices were relatively evenly distributed, with the average and median prices pointing to a similar overall price level.

What Is the Average PSF in Toa Payoh?

In May 2026, Toa Payoh resale flats averaged approximately $766 PSF, while the median PSF stood at approximately $705 PSF. Actual PSF levels can vary depending on flat type, floor area, remaining lease, floor level, and proximity to MRT stations.

A higher average PSF than median PSF suggests that some stronger PSF transactions lifted the overall average above the typical transaction level.

Which Flat Type Had the Most Transactions?

3-room flats recorded the highest resale activity in Toa Payoh during May 2026, with 29 completed transactions.

This indicates that smaller flats formed an important part of resale activity during the month, which can also affect the overall average price and PSF figures.

Which Flat Type Was the Most Expensive?

Among the tracked flat types, 5-room flats recorded the highest average resale price in May 2026 at approximately $1,027,681.

This suggests that larger flats continued to command the highest absolute prices in Toa Payoh, although PSF performance may still vary by project, lease, floor level, and location.

How Many Million-Dollar HDB Flats Were Sold?

Toa Payoh recorded 103 million-dollar HDB resale transactions year-to-date through May 2026. Over the rolling 12-month period from June 2025 to May 2026, the town recorded 285 million-dollar resale transactions.

This suggests that million-dollar resale activity is becoming more visible in Toa Payoh, although it is still likely concentrated among selected larger, newer, or better-located flats.

Toa Payoh HDB Resale Price FAQs