Block 121 Lorong 2 Toa Payoh
Block 121 Lorong 2 Toa Payoh has 30 recorded HDB resale transactions since 2017. Latest sale: $932,000 (Jul 2026, 4 room, floors 13–15). Median $7,762/sqm. Prices up 21.2% over the past five years. Built 2002, 74 years lease remaining.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Toa Payoh average.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 4-Room | $3,700 typically $3,300–$4,000 | 4.4% | Toa Payoh avg · block too thin |
| 5-Room | $4,000 typically $3,600–$4,300 | 4.5% | Toa Payoh avg · block too thin |
This block is inside the 1 km Primary 1 priority zone for 3 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- This home
- School within 1 km
- School 1–2 km
- 1km ring, top priority
- 2km ring, next tier
Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.
Other HDB blocks closest to Block 121 Lorong 2 Toa Payoh in Toa Payoh, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Jul 2026 | 13 TO 15 | 4 ROOM | 100 sqm | $932,000 | $9,320 |
| Dec 2025 | 10 TO 12 | 5 ROOM | 122 sqm | $1,146,000 | $9,393 |
| Sep 2025 | 07 TO 09 | 5 ROOM | 122 sqm | $1,160,000 | $9,508 |
| Sep 2025 | 22 TO 24 | 5 ROOM | 126 sqm | $1,250,000 | $9,921 |
| Jul 2025 | 10 TO 12 | 4 ROOM | 101 sqm | $880,000 | $8,713 |
| Jul 2025 | 25 TO 27 | 4 ROOM | 101 sqm | $958,000 | $9,485 |
| Jun 2025 | 16 TO 18 | 4 ROOM | 101 sqm | $935,000 | $9,257 |
| Aug 2023 | 22 TO 24 | 4 ROOM | 101 sqm | $935,000 | $9,257 |
| Mar 2023 | 19 TO 21 | 5 ROOM | 124 sqm | $1,030,000 | $8,306 |
| Feb 2023 | 19 TO 21 | 4 ROOM | 101 sqm | $848,000 | $8,396 |
| Jan 2023 | 19 TO 21 | 5 ROOM | 124 sqm | $999,000 | $8,056 |
| Nov 2022 | 13 TO 15 | 5 ROOM | 122 sqm | $995,000 | $8,156 |
| Sep 2022 | 13 TO 15 | 4 ROOM | 101 sqm | $810,000 | $8,020 |
| Feb 2022 | 07 TO 09 | 5 ROOM | 124 sqm | $955,000 | $7,702 |
| Aug 2021 | 16 TO 18 | 4 ROOM | 100 sqm | $750,000 | $7,500 |
| Mar 2021 | 28 TO 30 | 5 ROOM | 126 sqm | $990,000 | $7,857 |
| Nov 2020 | 28 TO 30 | 5 ROOM | 124 sqm | $970,000 | $7,823 |
| Sep 2020 | 01 TO 03 | 4 ROOM | 101 sqm | $550,000 | $5,446 |
| Aug 2020 | 28 TO 30 | 5 ROOM | 126 sqm | $969,000 | $7,690 |
| Feb 2020 | 04 TO 06 | 4 ROOM | 101 sqm | $625,000 | $6,188 |
About Block 121 Lorong 2 Toa Payoh
Block 121 Lorong 2 Toa Payoh is a million-dollar HDB block: a flat here has sold for as much as $1,250,000 (Sep 2025), among the rare blocks in Toa Payoh to cross that mark. Its median runs about 60% above the Toa Payoh median, ahead of around 82% of the town's blocks. It has a regular flow of resale activity, with 30 transactions since 2017 across 4 room, 5 room flats priced from $550,000 to $1,250,000. The most recent transaction was a 4 room flat on storeys 13 TO 15 at $932,000 in Jul 2026, and the median works out to $7,762/sqm. Over five years, prices here are up about 21.2%. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.9229, an annual lease decay of about 0.29%. All transaction data is sourced from data.gov.sg and updated monthly.
Frequently Asked Questions
How much is an HDB flat at Block 121 Lorong 2 Toa Payoh worth?
The most recent resale transaction at Block 121 Lorong 2 Toa Payoh was $932,000 for a 4 room flat in 2026-07. The median price per square metre across all flat types is $7,762, based on 30 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 121 Lorong 2 Toa Payoh?
Block 121 Lorong 2 Toa Payoh was built in 2002 and has approximately 74 years and 6 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.29%, meaning the leasehold value decreases by approximately 0.29% per year at the current remaining lease.
What flat types are available at Block 121 Lorong 2 Toa Payoh?
Block 121 Lorong 2 Toa Payoh in Toa Payoh contains 4 room, 5 room flats. Resale prices range from $550,000 to $1,250,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 121 Lorong 2 Toa Payoh gone up or down?
Resale prices at Block 121 Lorong 2 Toa Payoh have increased by approximately 21.2% over the past five years. The current median price is $890,000, with the most recent sale at $932,000 in 2026-07.