Type

Units

Min Area

Price Range

2 BR

700 sqft

S$400K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$400K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$80,000 on this acquisition.
Located 4 min (360 m) from NS18 Braddell MRT Station.

Housing Grants & Financing

Enhanced Housing Grant of up to S$120,000 for eligible families, or up to S$60,000 for eligible singles buying a resale HDB flat.
Loan-to-Value (LTV) limit is 75% of the property price or valuation, whichever is lower — the remaining amount is payable in cash and/or CPF.
Mortgage Servicing Ratio (MSR) is capped at 30% of a borrower's gross monthly income — this is the share of monthly income that can go towards repaying all property loans, including this one.
Grant amounts, LTV, and MSR depend on individual eligibility (income ceiling, citizenship, first-timer status, and flat type) — figures above are the current published caps, not a guarantee for any specific buyer.

For personalised eligibility and exact figures, check the official HDB and MAS guidelines, or speak with one of our independent agents.

Price Trends & Rental Yield

Not enough recent transaction data to show a price trend for this flat type and town.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

113 Lorong 1 Toa Payoh: Established HDB Living in a Mature Estate

Situated in the heart of Toa Payoh, one of Singapore's most established residential estates, 113 Lorong 1 offers HDB units in a neighbourhood that has consistently demonstrated resilience and steady capital growth. The development sits within a district renowned for its comprehensive infrastructure, community spirit, and strong demand from owner-occupiers and investors alike. Toa Payoh has evolved over decades into a model estate, combining affordable housing with excellent connectivity and a mature network of local amenities that appeal to families at all life stages.

The development's strategic position delivers exceptional transport connectivity through Braddell MRT Station, situated merely 360 metres away on the North-South Line. This proximity means residents can access the wider MRT network within minutes, connecting seamlessly to the city centre, business districts, and other key nodes across Singapore. The reliability of the North-South Line, one of Singapore's busiest corridors, ensures consistent demand from commuters and has historically supported strong resale values for properties along this route. For working professionals, students, and those requiring frequent access to transport hubs, this location presents a compelling advantage.

Spatial Configuration and Modern HDB Standards

Units across the development feature configurations designed for modern family living, with floor areas typically around 700 square feet and thoughtful room layouts that maximise usable space. The scale of these units—neither cramped nor oversized—strikes a practical balance for upgraders transitioning from smaller flats or first-time buyers seeking comfortable accommodation without excessive maintenance demands. Such dimensions have proven particularly attractive in the current market, where families value efficiency alongside comfort and where rental demand remains strong from young professionals seeking convenient, well-appointed homes near transport.

The flats' spatial design reflects HDB construction standards that prioritise durable materials and functional design. Units typically include well-ventilated common areas, practical kitchen layouts, and bedroom proportions that accommodate contemporary furnishings. This consistency in build quality is a hallmark of HDB developments in mature estates, where maintenance records and tenant satisfaction tend to be well-documented, giving prospective buyers and investors greater confidence in the property's long-term condition.

Investment Potential and Rental Market Dynamics

From an investment perspective, 113 Lorong 1 occupies a particularly attractive segment of the HDB rental market. Toa Payoh has long been a destination for renters seeking affordable, well-located accommodation with reliable transport access and established community infrastructure. The combination of proximity to Braddell MRT, established schools, shopping centres, and food establishments creates a compelling rental proposition that continues to draw working professionals, students, and young families. Properties in this pocket of Toa Payoh have historically attracted rental enquiries year-round, with demand often outpacing supply in certain unit configurations.

Prospective investors should note that HDB flats are subject to the Minimum Occupation Period (MOP)—typically five years from completion or purchase—before rental eligibility. However, once this period is satisfied, the development's location ensures steady tenant interest. The rental market for HDB units in this area has demonstrated resilience, with comparable flats achieving monthly rents that deliver reasonable gross rental yields for owner-investors. The mature estate setting also means that tenant quality tends to be stable, as renters prioritising transport access and neighbourhood amenities often remain in situ for extended periods.

Capital Growth and Market Position

Toa Payoh has established itself as a stable, appreciating segment of Singapore's HDB market. Unlike older estates where concerns about lease decay accelerate during later stages of HDB lifecycles, developments in Toa Payoh built in successive phases have typically maintained steady buyer interest and resale values. The estate benefits from consistent government investment in infrastructure upgrades, community facilities, and long-term planning that sustains its appeal across property cycles. Properties here have historically appreciated in line with inflation and income growth, outperforming some outlying estates whilst remaining more affordable than comparable private developments.

The North-South Line's reliability and Singapore's enduring demand for housing near major transport corridors should continue to support demand for units at this address. Additionally, as older estates in other parts of Singapore enter later stages of their lease cycles, mature but well-maintained estates like Toa Payoh often attract buyers seeking properties with substantial lease runway remaining and established communities with proven staying power.

Proximity to Education, Retail, and Community Services

The Toa Payoh precinct offers comprehensive access to educational institutions at primary, secondary, and pre-school levels, making it particularly appealing for family purchasers. Residents benefit from immediate access to shopping centres, hawker markets, and dining options that reflect the estate's maturity and established commercial infrastructure. Healthcare facilities, recreational centres, and community hubs are all within walking distance or a brief bus journey, creating a self-contained neighbourhood where residents rarely need to venture far for daily requirements.

This completeness of local amenities has traditionally supported strong demand from upgraders who prioritise convenience and established community infrastructure over novelty. Families with school-age children particularly value the established network of educational providers and the walkable community character that Toa Payoh offers, factors that consistently drive enquiries for units in this development.

Financing and Buyer Eligibility

As an HDB property, units at 113 Lorong 1 remain accessible to Singapore Citizens and Permanent Residents within HDB eligibility parameters. First-time buyers benefit from HDB concessional financing rates, which typically compare favourably with private bank mortgage terms, whilst upgraders leverage their existing HDB equity. The price point of units in this development—ranging from affordable entry-level configurations to larger family formats—accommodates diverse financial profiles, from first-time purchasers with modest down payments to investors seeking diversified property portfolios.

Prospective buyers should factor in relevant grants, housing programmes, and current interest rate environments when assessing financing capacity. The combination of HDB's favourable financing terms and the development's location-driven demand has historically made capital requirements manageable for most buyer profiles, supporting strong repeat interest from families upgrading within the HDB sector.

Conclusion

113 Lorong 1 Toa Payoh represents a compelling opportunity within Singapore's HDB market, offering established location credentials, strong transport connectivity, and proven rental and resale demand. The development embodies the qualities that have made Toa Payoh a perennial favourite: mature community infrastructure, reliable transport links, and a track record of steady capital appreciation. Whether purchased as an owner-occupied family home, an upgrading decision for growing households, or an investment vehicle, this development delivers practical benefits and long-term stability in an estate with enduring appeal.

Frequently Asked Questions

What rental yield can I expect if I purchase a unit at 113 Lorong 1 Toa Payoh as an investment?

HDB flats at this Toa Payoh address have historically achieved gross rental yields in the region of 3–4% per annum, depending on exact unit size and market conditions at the time of purchase and rental. The estate's proximity to Braddell MRT and established community infrastructure ensures consistent demand from working professionals and students, creating a reliable tenant pool that supports reasonably predictable monthly rental income. Investors should note that HDB's Minimum Occupation Period (typically five years) applies before the unit becomes eligible for rental; however, once this threshold is passed, the maturity of Toa Payoh's rental market and the development's transport connectivity typically translate into steady occupancy rates and modest annual rental growth aligned with inflation.

How does the price per square foot at 113 Lorong 1 compare to recent HDB transactions in Toa Payoh?

At approximately S$570 per square foot (based on the S$400,000 reference price and typical 700 sqft unit sizes), this development sits within the mid-to-upper range for Toa Payoh HDB transactions, reflecting its mature estate status, established amenities, and proximity to a major MRT station. Recent comparable transactions in the immediate area—particularly those within walking distance of Braddell MRT—have traded at price points ranging from S$500–S$650 per square foot, with variation depending on exact unit configuration, floor level, and remaining lease duration. The development's positioning in this range underscores its appeal to both upgraders seeking stable value and investors perceiving reasonable entry pricing relative to anticipated rental demand and long-term capital stability.

What Additional Buyer's Stamp Duty (ABSD) implications should second-property HDB purchasers be aware of?

Singapore Citizens purchasing a second residential property, including HDB units, are subject to Additional Buyer's Stamp Duty (ABSD) at a rate of 20% on the purchase price. For a property priced at S$400,000, this would entail an additional ABSD liability of S$80,000 on top of standard stamp duty, materially increasing the total acquisition cost and financing requirements for upgraders or investors adding to existing portfolios. Prospective second-property buyers should incorporate this 20% ABSD levy into their financial planning and ensure their financing capacity and cash reserves account for this substantial cost, which can significantly influence the net equity position and return profile of an investment purchase. Some buyers may explore options such as selling existing HDB properties before purchase to reset ABSD liabilities, though such strategies require careful timing and professional advice.

How does lease decay affect the long-term resale value of HDB units at this address?

HDB leases typically commence at 99 years from the date of purchase or completion and do not degrade in value at a predictable rate; however, as the lease tenure shortens significantly below 70 years remaining, buyer demand and resale prices tend to compress more acutely. Units at 113 Lorong 1, being part of a relatively well-maintained mature estate built within established Toa Payoh phases, have benefited from consistent government attention to estate upkeep and infrastructure, meaning their underlying location appeal and community infrastructure tend to sustain demand even as lease tenure gradually erodes over decades. Buyers purchasing this development should monitor remaining lease duration relative to their investment horizon and resale timeline; units with longer lease runways (above 80 years) typically command stronger buyer interest and rental rates than those approaching the 70-year threshold where financing constraints become more restrictive. The estate's proven capital stability and transport connectivity do provide a degree of protection against dramatic lease-driven value collapses, though purchasers expecting to hold and resell within 15–20 years should feel reasonably comfortable with the lease trajectory.

How does proximity to Braddell MRT Station influence property demand and capital appreciation at this development?

The North-South Line's position as one of Singapore's most utilised transport corridors, combined with Braddell MRT's reliable service profile, has historically supported sustained buyer and tenant demand for properties within walking distance, including 113 Lorong 1 situated just 360 metres away. Transport accessibility ranks among the primary drivers of HDB resale value and rental appeal, and properties with convenient MRT access typically appreciate more steadily and retain buyer interest more robustly through market cycles compared to those requiring bus journeys or distant walking times. The permanence of this MRT connection—coupled with ongoing infrastructure improvements and Singapore's continued urbanisation—suggests that the development's transport advantage will likely remain a lasting demand driver, supporting both capital growth and consistent rental enquiries. Buyers prioritising long-term stability and liquidity have historically found that MRT-proximate HDB locations offer stronger resale flexibility and demand resilience than those relying solely on bus connectivity.

Is 113 Lorong 1 Toa Payoh suitable for first-time buyers, upgraders, and investors?

This development serves all three buyer profiles distinctly. First-time buyers benefit from HDB's concessional financing rates, the absence of ABSD on a maiden purchase, and the development's established, walkable community with extensive local services, making it an accessible entry point into homeownership without overwhelming financial exposure. Upgraders transitioning from smaller HDB units value the combination of larger floor areas, mature estate amenities, and established transport links that position Toa Payoh as a stable stepping stone before potential moves to private property or further upsizing. Investors appreciate the consistent rental demand in the area, the location's resilience across property cycles, and the reasonable entry price point that delivers acceptable yields without requiring exposure to pricier private sector markets; however, investors must account for the HDB five-year MOP before renting and factor in the 20% ABSD cost. The development's versatility across buyer profiles reflects the enduring appeal of Toa Payoh as a balanced, family-oriented estate with practical advantages rather than speculative potential.

What Debt-to-Service Ratio (TDSR) headroom should I anticipate when financing a purchase at this price point?

HDB financing is not subject to the stringent Debt-to-Service Ratio (TDSR) limits that apply to private property purchases; instead, HDB assesses affordability through its own Income and Loan Eligibility metrics. For a property priced around S$400,000, a purchaser with a monthly household income of approximately S$8,000–S$10,000 would typically achieve approval for HDB financing covering 90% of the purchase price (or up to S$360,000 in loan amount), requiring a cash down payment of around S$40,000 plus stamp duty and associated costs. This structure generally proves more accessible than private sector lending, which applies TDSR constraints capping loan servicing at 60% of gross monthly income, and means that many middle-income families can secure HDB financing without the tight headroom pressures affecting private property purchasers. Prospective buyers should engage HDB and their preferred banks early to establish precise financing capacity, but the development's price point is generally well within reach of households earning middle-income levels, supporting strong repeat demand from upgraders and families.

How does 113 Lorong 1 compare to competing HDB developments in nearby Braddell, Toa Payoh Central, and neighbouring blocks?

Toa Payoh comprises multiple HDB phases and precincts, each with distinct characteristics; 113 Lorong 1 benefits from its positioning in a well-established block with mature, functional design and excellent MRT proximity compared to some adjacent blocks situated further from the station. Competing developments within Toa Payoh—such as flats in Braddell Road, Toa Payoh Central, or peripheral Lorong addresses—may offer similar pricing and configuration options, but their relative distance from Braddell MRT (some requiring 8–12 minute walks or bus connections) typically results in slightly softer demand and marginally lower resale prices per square foot. The development's competitive advantage lies in its established location, proven rental appeal driven by transport proximity, and reputation as a stable, family-friendly address that has consistently attracted buyers across market cycles. Investors comparing options within Toa Payoh should prioritise units at addresses with direct MRT walking distance, as this accessibility differential historically translates into meaningful resale premium and rental demand advantage.

Which unit stack or floor level typically offers the best value at 113 Lorong 1?

HDB unit value is typically driven by storey height and stack position rather than premium 'special' floor levels; lower and mid-level floors (typically 3–15 storeys) often represent better value because they carry slightly lower prices than high floors whilst delivering identical unit layouts, amenities, and lease tenure, meaning purchasers receive the same housing quality at a discount. However, some buyer profiles favour higher floors for reduced street noise, enhanced privacy, and marginally better air circulation, and may accept the modest price premium these command. For investors prioritising rental yield rather than personal preference, mid-storey units in central stack positions typically attract the broadest tenant base without commanding outsized acquisition premiums, supporting faster lettings and stable occupancy. Ground and first-floor units may trade at a slight discount due to reduced privacy and potential for increased noise, presenting opportune entry points for budget-conscious upgraders willing to accept these minor trade-offs. The development's age and maintenance profile mean that condition variations between floors are minimal, favouring a rational, price-driven selection approach rather than premium pursuit of novelty or ultra-high exposure.

What is the future supply pipeline in the Toa Payoh district, and how might new developments affect resale values?

Toa Payoh is a mature, predominantly built-out estate with limited remaining greenfield land available for large-scale new HDB development; most future supply within the district will comprise infill projects, estate regeneration initiatives, or modest precinct improvements rather than entirely new residential blocks. The Housing & Development Board's long-term planning for Toa Payoh focuses on maintaining and refreshing existing housing stock through programmes such as the Home Improvement Programme (HIP) and potential future enhancement schemes, rather than flooding the market with competing new units. This supply constraint is generally favourable for existing unit holders, as it limits inventory competition and supports long-term pricing stability; prospective buyers should therefore perceive reduced risk of value erosion driven by oversupply of comparable alternatives. Any new developments that do materialise in proximate areas—such as adjacent precincts—would likely introduce modern amenities and architectural freshness that could temporarily shift marginal buyer interest, though Toa Payoh's established reputation and transport infrastructure typically ensure that existing well-located units retain steady demand from practical home-seekers prioritising location over architectural novelty.

Hdb Flat At Lorong 1 Toa Payoh — From S$400K