Block 240 Lor 1 Toa Payoh
240 Lor 1 Toa Payoh, Singapore 310240
Block 240 Lor 1 Toa Payoh is an HDB block in Toa Payoh, completed in 1985, with 48 dwelling units. Across 52 resales on record, Executive flats have recently resold around S$913k (S$581 psf, 146 sqm). The lease has approximately 62 years remaining.
What are the key facts about Block 240 Lor 1 Toa Payoh?
Block 240 Lor 1 Toa Payoh is an HDB block in Toa Payoh, completed in 1985, with 48 dwelling units.
- Town
- Toa Payoh
- Planning area
- Toa Payoh
- Completed
- 1985
- Storeys
- 9
- Total units
- 48
- Flat model
- Maisonette · Apartment
- Market segment
- RCR
- Median resale
- S$913k
- Last transacted
- Feb 2024
- Remaining lease
- ≈ 62 years
What are resale prices at Block 240 Lor 1 Toa Payoh?
Executive flats have recently resold around S$913k (S$581 psf), from 52 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| Executive | 52 | S$913,000recent | 146 sqm | S$581 psf |
Live now: 6 flats listed for sale at this block (median asking S$999k) — search all listings.
“Recent” medians use the latest transactions; for older blocks the all-time median spans 30+ years and understates today’s price. Source: HDB resale caveats, through Feb 2024.
What has recently sold at Block 240 Lor 1 Toa Payoh?
Block 240 Lor 1 Toa Payoh has 52 recorded resales; the most recent transacted at S$1,068,888 in Feb 2024 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Feb 2024 | Executive | 07 TO 09 | 146 sqm | S$1,068,888 |
| Jun 2023 | Executive | 07 TO 09 | 146 sqm | S$1,050,000 |
| May 2023 | Executive | 01 TO 03 | 146 sqm | S$913,000 |
| Apr 2023 | Executive | 01 TO 03 | 146 sqm | S$900,000 |
| Jul 2022 | Executive | 04 TO 06 | 146 sqm | S$955,000 |
| Apr 2022 | Executive | 04 TO 06 | 146 sqm | S$968,000 |
| Feb 2022 | Executive | 07 TO 09 | 146 sqm | S$988,888 |
| Jul 2021 | Executive | 04 TO 06 | 146 sqm | S$938,000 |
| Aug 2020 | Executive | 01 TO 03 | 146 sqm | S$760,000 |
| Sept 2016 | Executive | 04 TO 06 | 146 sqm | S$750,000 |
| Aug 2015 | Executive | 04 TO 06 | 146 sqm | S$792,000 |
| Feb 2010 | Executive | 07 TO 09 | 146 sqm | S$568,000 |
What flat types are in Block 240 Lor 1 Toa Payoh?
Block 240 Lor 1 Toa Payoh has 48 units, mostly Executive flats of the Maisonette / Apartment model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 240 Lor 1 Toa Payoh?
Block 240 Lor 1 Toa Payoh is an HDB block in Toa Payoh.
Block 240 Lor 1 Toa Payoh is an HDB block located along Lor 1 Toa Payoh. The block is recorded as completed around 1985, with up to 9 storeys. It has an estimated 48 residential units based on the HDB property information dataset. Flat types in the block include executive units.
The address is Block 240 Lor 1 Toa Payoh, Singapore 310240. It is part of District 12, Balestier / Toa Payoh / Serangoon, the Toa Payoh planning area. The block falls within the Central Region and the RCR market segment.
The nearest rail connection is Braddell MRT, approximately 450m away, around 7 minutes on foot. Nearby amenities include Junction 8 for shopping, LIN POH LING for groceries, Blk 93 Toa Payoh Lorong 4 for food options, and Toa Payoh East Community Club for community facilities.
How far is Block 240 Lor 1 Toa Payoh from MRT and schools?
The nearest MRT/LRT to Block 240 Lor 1 Toa Payoh is Braddell MRT, about 450 m away (~7 min walk). 6 schools are within 1 km, including 3 primary schools.
Getting around
- Braddell MRT450 m · ~7 min
- Toa Payoh MRT989 m · ~16 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Beatty Secondary SchoolSecondary schoolwithin 1 km191 m
- Guangyang Secondary SchoolSecondary schoolwithin 1 km399 m
- First Toa Payoh Primary SchoolPrimary schoolwithin 1 km · P1 priority526 m
- Kheng Cheng SchoolPrimary schoolwithin 1 km · P1 priority568 m
- Pei Chun Public SchoolPrimary schoolwithin 1 km · P1 priority657 m
- Raffles Girls' School (Secondary)Secondary schoolwithin 1 km868 m
- Raffles InstitutionMixed-level school1.0 km
- Kuo Chuan Presbyterian Primary SchoolPrimary school1.1 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 240 Lor 1 Toa Payoh?
Buying a flat at Block 240 Lor 1 Toa Payoh (~S$913k) needs about S$7,278/mo in income and S$3,428/mo in repayments, after S$21,990 stamp duty and a S$228k downpayment.
Illustrative, for a buyer at the recent median resale price (S$913k) — 25% downpayment (bank-loan basis), 25-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$21,990
BSD, tiered
Downpayment (25%)
S$228k
cash + CPF
Monthly instalment
S$3,428/mo
25y @ 3.5%
Income required
S$7,278/mo
MSR/TDSR @ stress rate
First-time HDB buyers pay no Additional Buyer’s Stamp Duty (ABSD) and may qualify for CPF Housing Grants of up to S$80,000+, which lower the cash required — these are not included above. An HDB concessionary loan also allows a smaller downpayment.
Wondering whether it will hold its value? See do HDB flats actually make money? →
Eyeing Block 240 Lor 1 Toa Payoh? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 240 Lor 1 Toa Payoh land close to the town median — fair value, no big premium.
Frequently asked questions about Block 240 Lor 1 Toa Payoh
How much does a Executive flat at Block 240 Lor 1 Toa Payoh cost?⌄
Executive flats at Block 240 Lor 1 Toa Payoh have recently resold for a median of about S$913k (S$581 psf), from 52 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
Is Block 240 Lor 1 Toa Payoh worth buying given its remaining lease?⌄
Block 240 Lor 1 Toa Payoh has about 62 years left on its 99-year lease (completed 1985). That's a long runway, so CPF usage and bank financing are generally unrestricted. The figure is taken from the most recent transacted flat.
How much do I need to earn to buy a flat at Block 240 Lor 1 Toa Payoh?⌄
For a flat at about S$913k on a 25-year HDB-style loan, you'd need roughly S$7,278/mo in household income, with repayments around S$3,428/mo after a S$228k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 240 Lor 1 Toa Payoh?⌄
The nearest MRT/LRT station to Block 240 Lor 1 Toa Payoh is Braddell MRT, about 450 m away (~7 min walk).
Which primary schools are within 1 km of Block 240 Lor 1 Toa Payoh?⌄
First Toa Payoh Primary School, Kheng Cheng School, Pei Chun Public School are within 1 km of Block 240 Lor 1 Toa Payoh — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.