240 Lor 1 Toa Payoh
HDB block in Toa Payoh, Singapore 310240
240 Lor 1 Toa Payoh is an HDB block in Toa Payoh, completed in 1985, with 48 dwelling units. Across 53 resales on record, Executive flats have recently resold around S$938k (S$597 psf, 146 sqm). The lease has approximately 59 years remaining.
What are the key facts about 240 Lor 1 Toa Payoh?
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$938k
- Last transacted
- Oct 2026
- Remaining lease
- ≈ 59 years
What are resale prices at 240 Lor 1 Toa Payoh?
Executive flats have recently resold around S$938k (S$597 psf), from 53 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| Executive | 53 | S$938,000recent | 146 sqm | S$597 psf |
Live now: 3 flats listed for sale at this block (median asking S$1.18M) — 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 Oct 2026.
What has recently sold at 240 Lor 1 Toa Payoh?
240 Lor 1 Toa Payoh has 53 recorded resales; the most recent transacted at S$970,000 in Oct 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Oct 2026 | Executive | 01 TO 03 | 146 sqm | S$970,000 |
| 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 |
What flat types are in 240 Lor 1 Toa Payoh?
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 240 Lor 1 Toa Payoh?
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 240 Lor 1 Toa Payoh from MRT and schools?
The nearest MRT/LRT to 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 240 Lor 1 Toa Payoh?
Buying a flat at 240 Lor 1 Toa Payoh (~S$938k) needs about S$7,477/mo in income and S$3,522/mo in repayments, after S$22,740 stamp duty and a S$235k downpayment.
Illustrative, for a buyer at the recent median resale price (S$938k) — 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$22,740
BSD, tiered
Downpayment (25%)
S$235k
cash + CPF
Monthly instalment
S$3,522/mo
25y @ 3.5%
Income required
S$7,477/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 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 240 Lor 1 Toa Payoh land close to the town median — fair value, no big premium.
Frequently asked questions about 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$938k (S$597 psf), from 53 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 59 years left on its 99-year lease (completed 1985). Below ~60 years, CPF usage and the maximum loan start to taper with the buyer's age, so check financing before committing. 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$938k on a 25-year HDB-style loan, you'd need roughly S$7,477/mo in household income, with repayments around S$3,522/mo after a S$235k 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.