Block 38 Lor 5 Toa Payoh
38 Lor 5 Toa Payoh, Singapore 310038
Block 38 Lor 5 Toa Payoh is an HDB block in Toa Payoh, completed in 1969, with 213 dwelling units. Across 259 resales on record, 3-Room flats have recently resold around S$345k (S$471 psf, 67 sqm). The lease has approximately 43 years remaining.
What are the key facts about Block 38 Lor 5 Toa Payoh?
Block 38 Lor 5 Toa Payoh is an HDB block in Toa Payoh, completed in 1969, with 213 dwelling units.
- Town
- Toa Payoh
- Planning area
- Toa Payoh
- Completed
- 1969
- Storeys
- 11
- Total units
- 213
- Flat model
- Improved · Adjoined Flat
- Market segment
- RCR
- Median resale
- S$345k
- Last transacted
- Jun 2026
- Remaining lease
- ≈ 43 years
What are resale prices at Block 38 Lor 5 Toa Payoh?
3-Room flats have recently resold around S$345k (S$471 psf), from 259 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 3-Room | 257 | S$345,000recent | 67 sqm | S$471 psf |
| 5-Room | 2 | S$531,000 | 134 sqm | S$368 psf |
Live now: 14 flats listed for sale at this block (median asking S$500k) and 14 for rent (median S$2,999/mo) — 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 Jun 2026.
What rent and yield does Block 38 Lor 5 Toa Payoh get?
Flats at Block 38 Lor 5 Toa Payoh have recently sublet for a median of S$2,700/mo, an indicative gross rental yield of about 9.4% (from 24 recent rental contracts).
Median rent
S$2,700/mo
24 recent contracts
Gross rental yield
9.4%
indicative, gross
Annual rent
S$32,400
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 3-Room | 24 | S$2,600/mo |
HDB subletting requires the flat owner to have met the 5-year Minimum Occupation Period (MOP), so the rental sample per block is small — treat the yield as indicative. Latest contract Mar 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 38 Lor 5 Toa Payoh?
Block 38 Lor 5 Toa Payoh has 259 recorded resales; the most recent transacted at S$345,000 in Jun 2026 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Jun 2026 | 3-Room | 04 TO 06 | 67 sqm | S$345,000 |
| Mar 2026 | 3-Room | 04 TO 06 | 67 sqm | S$363,000 |
| Nov 2025 | 3-Room | 10 TO 12 | 67 sqm | S$360,000 |
| Nov 2025 | 3-Room | 10 TO 12 | 67 sqm | S$375,000 |
| May 2025 | 3-Room | 04 TO 06 | 67 sqm | S$375,000 |
| Oct 2024 | 3-Room | 04 TO 06 | 67 sqm | S$372,000 |
| Aug 2024 | 3-Room | 10 TO 12 | 67 sqm | S$340,000 |
| May 2024 | 3-Room | 04 TO 06 | 77 sqm | S$370,000 |
| Jan 2024 | 3-Room | 01 TO 03 | 67 sqm | S$315,000 |
| Jul 2023 | 3-Room | 04 TO 06 | 67 sqm | S$328,000 |
| May 2023 | 3-Room | 10 TO 12 | 67 sqm | S$325,000 |
| Oct 2022 | 3-Room | 10 TO 12 | 67 sqm | S$310,000 |
What flat types are in Block 38 Lor 5 Toa Payoh?
Block 38 Lor 5 Toa Payoh has 213 units, mostly 3-Room flats of the Improved / Adjoined Flat model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 38 Lor 5 Toa Payoh?
Block 38 Lor 5 Toa Payoh is an HDB block in Toa Payoh.
Block 38 Lor 5 Toa Payoh is an HDB block located along Lor 5 Toa Payoh. The block is recorded as completed around 1969, with up to 11 storeys. It has an estimated 213 residential units based on the HDB property information dataset. Flat types in the block include 3-room and 5-room units.
The address is Block 38 Lor 5 Toa Payoh, Singapore 310038. 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 Toa Payoh MRT, approximately 872m away, around 14 minutes on foot. Nearby amenities include The Poiz Centre for shopping, SHENG SIONG SUPERMARKET PTE LTD for groceries, Blk 75 Toa Payoh Lorong 5 # for food options, Toa Payoh Town Pk for greenery and recreation, Toa Payoh Polyclinic for polyclinic services, and Toa Payoh East Community Club for community facilities.
How far is Block 38 Lor 5 Toa Payoh from MRT and schools?
The nearest MRT/LRT to Block 38 Lor 5 Toa Payoh is Toa Payoh MRT, about 872 m away (~14 min walk). 4 schools are within 1 km, including 3 primary schools.
Getting around
- Toa Payoh MRT872 m · ~14 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Pei Chun Public SchoolPrimary schoolwithin 1 km · P1 priority240 m
- First Toa Payoh Primary SchoolPrimary schoolwithin 1 km · P1 priority559 m
- Beatty Secondary SchoolSecondary schoolwithin 1 km772 m
- Kheng Cheng SchoolPrimary schoolwithin 1 km · P1 priority886 m
- St Andrew's Junior CollegeJunior college1.0 km
- Guangyang Secondary SchoolSecondary school1.1 km
- St Andrew's School (Junior)Primary school1.2 km
- Chij Secondary (Toa Payoh)Secondary school1.3 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 38 Lor 5 Toa Payoh?
Buying a flat at Block 38 Lor 5 Toa Payoh (~S$345k) needs about S$2,750/mo in income and S$1,295/mo in repayments, after S$5,100 stamp duty and a S$86k downpayment.
Illustrative, for a buyer at the recent median resale price (S$345k) — 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$5,100
BSD, tiered
Downpayment (25%)
S$86k
cash + CPF
Monthly instalment
S$1,295/mo
25y @ 3.5%
Income required
S$2,750/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 38 Lor 5 Toa Payoh? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 38 Lor 5 Toa Payoh land close to the town median — fair value, no big premium.
Frequently asked questions about Block 38 Lor 5 Toa Payoh
How much does a 3-Room flat at Block 38 Lor 5 Toa Payoh cost?⌄
3-Room flats at Block 38 Lor 5 Toa Payoh have recently resold for a median of about S$345k (S$471 psf), from 259 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 38 Lor 5 Toa Payoh by flat type?⌄
3-Room ≈ S$345k; 5-Room ≈ S$531k (median resale, HDB caveats).
Is Block 38 Lor 5 Toa Payoh worth buying given its remaining lease?⌄
Block 38 Lor 5 Toa Payoh has about 43 years left on its 99-year lease (completed 1969). 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.
What is the rental yield at Block 38 Lor 5 Toa Payoh?⌄
Gross rental yield at Block 38 Lor 5 Toa Payoh is about 9.4%, based on a median subletting rent of about S$2,700/mo against a resale price of about S$345k. HDB subletting requires the owner to have met the 5-year MOP, so the per-block sample is small — treat this as indicative.
How much do I need to earn to buy a flat at Block 38 Lor 5 Toa Payoh?⌄
For a flat at about S$345k on a 25-year HDB-style loan, you'd need roughly S$2,750/mo in household income, with repayments around S$1,295/mo after a S$86k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 38 Lor 5 Toa Payoh?⌄
The nearest MRT/LRT station to Block 38 Lor 5 Toa Payoh is Toa Payoh MRT, about 872 m away (~14 min walk).
Which primary schools are within 1 km of Block 38 Lor 5 Toa Payoh?⌄
Pei Chun Public School, First Toa Payoh Primary School, Kheng Cheng School are within 1 km of Block 38 Lor 5 Toa Payoh — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.