Toa Payoh prices have seen some movement. The median prices have risen slightly in the last year.
Toa Payoh Prices
Source: URA, PropertyGuru
Home to many older developments, the two most recent launches in and around Toa Payoh include Gem Residences and Neem Tree.
Residential properties in Toa Payoh. (Photo: Sippala, Wikimedia Commons)
Median private property rent in Toa Payoh
Source: URA, PropertyGuru
Median rents in Toa Payoh have risen significantly in the last year as the area remains popular with renters.
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As it is, Toa Payoh is a popular estate thanks to its central location and abundance of amenities. That said, analysts say that the rejuvenation works will inject more vibrancy into the estate and offer more conveniences to residents, which will push property prices up.
The new housing developments as well as other new recreational spaces are expected to see prices of HDB flats and private properties in the area increase in the next five to 10 years. Expats and locals who work in the area or in the city or Central Business District should consider buying a home in Toa Payoh as it is centrally located, and within close proximity to plenty of dining, shopping, and entertainment options, as well as several good schools.
