Issue 001September 9, 2026

Toa Payoh Town Pulse | August 2026 | HDB Resale & Rental

Verified & checked as of 18 Sep 2026

Toa Payoh Pulse August 2026
Roncasa ▪ Town Pulse Toa Payoh · Central Region Verified as of 21 Sep 2026 August 2026
◆ Seller's Market◆ Premium Position◆ Stable Rental Market
Median PSF · August 2026
$909 ▲ +10.7% MoM
Resale Transactions
101
▲ 18.8% vs prior mth
vs Region Median
+19.3%
▲ $762 base
Town Rank
#2 / 9
Central region by PSF

Toa Payoh is trading about 19% above the wider region median — that gap is worth understanding before you make a move here.

Transaction volume picked up in Toa Payoh in August 2026, with 101 resale transactions compared to 85 in July. Month-on-month, the town median PSF edged up 10.7% to $909 — a constructive signal for sellers. The town sits above the regional median of $762 psf (+19.3%).

$909
Median PSF
101
Resale Transactions
#2
Town Rank (Central)

Verified as of 21 Sep 2026 · Latest resale data through Aug 2026 · Latest rental data through Aug 2026

01Town Context
$494$795$1,095JunJulAug2-Room3-Room4-Room5-RoomExecutive

Toa Payoh median PSF by flat type (2/3/4/5-Room + Executive), last 3 months. Source: HDB Resale Transactions, data.gov.sg.

Scope Median PSF vs Toa Payoh
Toa Payoh $909
Central Region $762 -16.2%
Island Wide $601 -33.9%

Toa Payoh ranks #2 of 9 Central region towns by median resale PSF this month. Source: HDB Resale Transactions, data.gov.sg.

Top Streets by Volume

Street Transactions Median PSF
Alkaff Cres 5 transactions $1,101
Bidadari Pk Dr 4 transactions $1,122
Bidadari Pk Dr 3 transactions $1,139
Alkaff Cres 3 transactions $1,127
Alkaff Cres 3 transactions $1,154

Top 5 streets by resale transaction count this month. Source: HDB Resale Transactions, data.gov.sg.

Share of Town HDB Stock Transacted
0.26%
02Resale Market

Price Bands by Flat Type

Flat Type n Low (P25) Median High (P75) Median PSF
Overall 101 $375,000 $815,000 $1,058,000 $909
2-Room 3 $276,444 $280,000 $281,000 $650
3-Room 45 $340,000 $375,000 $768,000 $520
4-Room 37 $960,000 $1,040,000 $1,128,888 $1,039
5-Room 15 $845,000 $1,088,000 $1,425,000 $835
Executive 1 $1,350,000 $1,350,000 $1,350,000 $853

Low/High = P25–P75 (APPROX_QUANTILES)
P25 (Low): 25% of flats sold below this price.
P50 (Median): The exact middle market price.
P75 (High): 75% of flats sold below this price.

August 2026 transactions only. Source: HDB Resale Transactions, data.gov.sg.

The $909 median PSF represents a 10.7% gain against July's $821. Transaction count rose 19% from 85 to 101. If you're a seller, this month's data supports holding asking price.

Alkaff Cres led with 5 transactions (5% of all town resale) at a median $1,101 psf — 21% above the town median. Bidadari Pk Dr followed with 4 transactions.

3-Room flats led resale activity in August 2026, accounting for 45 of 101 transactions (45%) at a median $520 psf.

Top Transactions

Block / Street Flat Type Storey Size Price PSF Lease Left
139B Lor 1a Toa Payoh 5-Room 22 TO 24 1,227 $1,490,000 $1,214 84 years
09 months
105A Bidadari Pk Dr 5-Room 13 TO 15 1,216 $1,450,000 $1,192 93 years
01 month
110B Bidadari Pk Dr 5-Room 07 TO 09 1,216 $1,450,000 $1,192 94 years
05 months
138C Lor 1a Toa Payoh 5-Room 28 TO 30 1,259 $1,450,000 $1,151 84 years
09 months
107B Bidadari Pk Dr 5-Room 04 TO 06 1,216 $1,400,000 $1,151 94 years
05 months
Block / Street Flat Type Storey Size Price PSF Lease Left
161 Lor 1 Toa Payoh 2-Room 01 TO 03 431 $282,000 $655 44 years
06 months
120 Lor 2 Toa Payoh 2-Room 04 TO 06 431 $280,000 $650 40 years
11 months
55 Lor 5 Toa Payoh 2-Room 01 TO 03 463 $272,888 $590 39 years
11 months
Block / Street Flat Type Storey Size Price PSF Lease Left
115C Alkaff Cres 3-Room 07 TO 09 764 $930,000 $1,217 93 years
05 months
118A Alkaff Cres 3-Room 07 TO 09 775 $853,000 $1,101 93 years
05 months
130B Lor 1 Toa Payoh 3-Room 19 TO 21 732 $852,000 $1,164 91 years
01 month
101A Bidadari Pk Dr 3-Room 10 TO 12 732 $850,000 $1,161 93 years
10 months
113A Alkaff Cres 3-Room 07 TO 09 732 $848,888 $1,160 94 years
05 months
Block / Street Flat Type Storey Size Price PSF Lease Left
102A Bidadari Pk Dr 4-Room 13 TO 15 1,044 $1,280,000 $1,226 93 years
11 months
110A Bidadari Pk Dr 4-Room 13 TO 15 1,001 $1,200,000 $1,199 94 years
05 months
110A Bidadari Pk Dr 4-Room 10 TO 12 1,001 $1,180,000 $1,179 94 years
04 months
130B Lor 1 Toa Payoh 4-Room 19 TO 21 1,001 $1,160,000 $1,159 91 years
01 month
104A Bidadari Pk Dr 4-Room 13 TO 15 1,001 $1,155,000 $1,154 93 years
11 months
Block / Street Flat Type Storey Size Price PSF Lease Left
139B Lor 1a Toa Payoh 5-Room 22 TO 24 1,227 $1,490,000 $1,214 84 years
09 months
105A Bidadari Pk Dr 5-Room 13 TO 15 1,216 $1,450,000 $1,192 93 years
01 month
110B Bidadari Pk Dr 5-Room 07 TO 09 1,216 $1,450,000 $1,192 94 years
05 months
138C Lor 1a Toa Payoh 5-Room 28 TO 30 1,259 $1,450,000 $1,151 84 years
09 months
107B Bidadari Pk Dr 5-Room 04 TO 06 1,216 $1,400,000 $1,151 94 years
05 months
Block / Street Flat Type Storey Size Price PSF Lease Left
101A Lor 2 Toa Payoh Executive 07 TO 09 1,582 $1,350,000 $853 65 years
08 months

Top 5 resale transactions by price. Source: HDB Resale Transactions, data.gov.sg.

Lease Decay Comparison

$1,10890+$1,12580-89$84970-79$62660-69$579under-60

Median PSF by remaining lease band, blended across 2/3/4/5-Room and Executive flats. Detail by flat type below. Source: HDB Resale Transactions, data.gov.sg.

3-Room flats in Toa Payoh show a real lease-decay gap — units with 90+ years remaining trade at $1,093 psf against $493 psf for the under-60 band, a 55% spread. That's the clearest single number in this report for anyone deciding how much a shorter lease should actually discount a flat.

Unit Type Breakdown

Lease Band N (Txn this mth) Median Price Median PSF
90+ years 0 No resale transactions lodged in the past 5 years for this size.
80-89 years 0 No resale transactions lodged in the past 5 years for this size.
70-79 years 0 No resale transactions lodged in the past 5 years for this size.
60-69 years 0 No resale transactions lodged in the past 5 years for this size.
under-60 years 2012-mo avg · 20 transactions $279,000 $632
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 14 $800,000 $1,093
80-89 years 3 Too few resale transactions in the past 5 years to report a reliable figure (3 in the trailing 12 months).
70-79 years 4 Too few resale transactions in the past 5 years to report a reliable figure (4 in the trailing 12 months).
60-69 years 0 No resale transactions lodged in the past 5 years for this size.
under-60 years 29 $350,000 $493
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 26 $1,109,000 $1,108
80-89 years 5712-mo avg · 57 transactions $1,000,000 $1,061
70-79 years 6412-mo avg · 64 transactions $900,000 $874
60-69 years 2312-mo avg · 23 transactions $695,000 $626
under-60 years 5 $585,000 $581
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 1312-mo avg · 13 transactions $1,380,000 $1,135
80-89 years 2512-mo avg · 25 transactions $1,460,000 $1,190
70-79 years 3312-mo avg · 33 transactions $1,070,000 $824
60-69 years 5 $900,000 $691
under-60 years 3112-mo avg · 31 transactions $785,888 $577
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 0 No resale transactions lodged in the past 5 years for this size.
80-89 years 0 No resale transactions lodged in the past 5 years for this size.
70-79 years 0 No resale transactions lodged in the past 5 years for this size.
60-69 years 1012-mo avg · 10 transactions $984,000 $626
under-60 years 2 Last transacted: Jun 2026 · $624 psf

Lease Bands: Remaining years on the lease. Low Volumes: If under 5 sales, data expands.
Fallback 1: Uses 12-month average (flagged). Fallback 2: Uses 5-year transaction history.

Data Source: HDB Resale Transactions, data.gov.sg.

03Rental MarketLatest available: Aug 2026 · HDB rental lodgements typically lag ~1 month behind resale
Median Rent
$2,300/mo
12-mo avg · 23 leases
Rent MoM
n/a
Leases This Month
1
Lease Volume MoM (vacancy proxy)
n/a
Median Rent
$2,975/mo
Rent MoM
+1.7%
Leases This Month
62
Lease Volume MoM (vacancy proxy)
-3.1%

Rents holding steady (+1.7% MoM) on steady lease volume.

Top Streets — 3-Room Rentals

Street Leases Median Rent
Lor 2 Toa Payoh 3 $3,000/mo
Lor 7 Toa Payoh 3 $2,700/mo
Lor 1 Toa Payoh 2 $3,300/mo
Median Rent
$4,000/mo
Rent MoM
+19.4%
Leases This Month
26
Lease Volume MoM (vacancy proxy)
-3.7%

Rents firming (+19.4% MoM) on steady lease volume.

Top Streets — 4-Room Rentals

Street Leases Median Rent
Toa Payoh Ctrl 2 $3,750/mo
Toa Payoh Ctrl 2 $3,700/mo
Alkaff Cres 1 $4,300/mo
Median Rent
$4,000/mo
Rent MoM
+0.0%
Leases This Month
21
Lease Volume MoM (vacancy proxy)
+23.5%

Rents holding steady (+0.0% MoM) on rising lease volume.

Top Streets — 5-Room Rentals

Street Leases Median Rent
Lor 7 Toa Payoh 2 $3,650/mo
Lor 8 Toa Payoh 2 $3,700/mo
Bartley Walk 1 $4,600/mo
Median Rent
$3,900/mo
12-mo avg · 19 leases
Rent MoM
n/a
Leases This Month
1
Lease Volume MoM (vacancy proxy)
n/a

HDB leases lodged with HDB / data.gov.sg. Excludes private residential. No vacancy_supply table equivalent exists for HDB — lease-volume MoM is used here as the vacancy proxy signal. Source: HDB Rental Transactions, data.gov.sg.

Ron's Read

August 2026 was an active month for Toa Payoh — prices and volume moved up together. That's a stronger read than PSF gains on thin activity. When volume confirms price, it's real. Sellers can hold asking prices with reasonable confidence. Buyers chasing specific blocks should price in less negotiating room this month. That 55% 3-Room lease-decay spread between the 90+ and under-60 bands is the number to anchor any negotiation on a shorter-lease unit here — don't let a seller price a thinning lease like a fresh one.

05What It Means For You
What It Means For You
Typical Entry Price
$271,999
12-mo avg · 20 transactions
vs Region Median PSF
-17.1%
Est. Gross Yield
~10.1%
12-mo avg basis
Rental Range
$2,100–$2,450/mo

Flat — no clear month-on-month signal yet for this flat type; anchor to recent comparables.

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation
Typical Entry Price
$375,000
vs Region Median PSF
-31.8%
Est. Gross Yield
~9.5%
Rental Range
$2,800–$3,188/mo

Flat — sentiment isn't driving this flat type right now, anchor to recent comparables.

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation
Typical Entry Price
$1,040,003
vs Region Median PSF
+36.3%
Est. Gross Yield
~4.6%
Rental Range
$3,750–$4,375/mo

Flat — sentiment isn't driving this flat type right now, anchor to recent comparables.

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation
Typical Entry Price
$1,052,033
vs Region Median PSF
+9.6%
Est. Gross Yield
~4.6%
Rental Range
$3,500–$4,300/mo

Rising (+10.6% MoM) — expect less room to negotiate on this flat type.

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation
Typical Entry Price
$990,745
12-mo avg · 12 transactions
vs Region Median PSF
-17.8%
Est. Gross Yield
~4.7%
12-mo avg basis
Rental Range
$3,150–$4,500/mo

Flat — no clear month-on-month signal yet for this flat type; anchor to recent comparables.

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation
Resale Transactions
3
Exit Price Est.
$271,999
12-mo avg · 20 transactions
Exit Median PSF
$632

Flat — no clear month-on-month PSF signal yet for this flat type.

23 leases over the trailing 12 months (12-mo avg · 23 leases) — this month's count is too thin for a MoM read. Currently -17.1% vs the region median.

Get a Free Valuation
Resale Transactions
45
Exit Price Est.
$375,000
Exit Median PSF
$520

Flat (-0.3% MoM) — anchor to recent comparables.

Rental steady, +1.7% MoM (62 leases last month). Currently -31.8% vs the region median.

Get a Free Valuation
Resale Transactions
37
Exit Price Est.
$1,040,003
Exit Median PSF
$1,039

Flat (+1.8% MoM) — anchor to recent comparables.

Rental strong, +19.4% MoM — supports pricing (26 leases last month). Currently +36.3% vs the region median.

Get a Free Valuation
Resale Transactions
15
Exit Price Est.
$1,052,033
Exit Median PSF
$835

Rising (+10.6% MoM) — expect less room to negotiate on this flat type.

Rental steady, +0.0% MoM (21 leases last month). Currently +9.6% vs the region median.

Get a Free Valuation
Resale Transactions
1
Exit Price Est.
$990,745
12-mo avg · 12 transactions
Exit Median PSF
$626

Flat — no clear month-on-month PSF signal yet for this flat type.

19 leases over the trailing 12 months (12-mo avg · 19 leases) — this month's count is too thin for a MoM read. Currently -17.8% vs the region median.

Get a Free Valuation
Median Rent
$2,300/mo
12-mo avg · 23 leases
Low–High Range
$2,100–$2,450/mo
Est. Gross Yield
~10.1%
12-mo avg basis

12-mo avg · 23 leases

Low/High = P25–P75 rent range this month.

Talk Rental Strategy
Median Rent
$2,975/mo
Low–High Range
$2,800–$3,188/mo
Est. Gross Yield
~9.5%

Rents holding steady (+1.7% MoM) on steady lease volume.

Street Leases Median Rent
Lor 2 Toa Payoh 3 $3,000/mo
Lor 7 Toa Payoh 3 $2,700/mo
Lor 1 Toa Payoh 2 $3,300/mo

Low/High = P25–P75 rent range this month.

Talk Rental Strategy
Median Rent
$4,000/mo
Low–High Range
$3,750–$4,375/mo
Est. Gross Yield
~4.6%

Rents firming (+19.4% MoM) on steady lease volume.

Street Leases Median Rent
Toa Payoh Ctrl 2 $3,750/mo
Toa Payoh Ctrl 2 $3,700/mo
Alkaff Cres 1 $4,300/mo

Low/High = P25–P75 rent range this month.

Talk Rental Strategy
Median Rent
$4,000/mo
Low–High Range
$3,500–$4,300/mo
Est. Gross Yield
~4.6%

Rents holding steady (+0.0% MoM) on rising lease volume.

Street Leases Median Rent
Lor 7 Toa Payoh 2 $3,650/mo
Lor 8 Toa Payoh 2 $3,700/mo
Bartley Walk 1 $4,600/mo

Low/High = P25–P75 rent range this month.

Talk Rental Strategy
Median Rent
$3,900/mo
12-mo avg · 19 leases
Low–High Range
$3,150–$4,500/mo
Est. Gross Yield
~4.7%
12-mo avg basis

12-mo avg · 19 leases

Low/High = P25–P75 rent range this month.

Talk Rental Strategy