Once a squatter district, Toa Payoh has become a matured and sought after HDB estate. It is also where the HDB Hub is located. As it is considered a popular location, it’s no surprise that COVs in Toa Payoh have exceeded $100,000 since the first quarter of 2013. In fact, COE prices in the same period, was a mere $60,000 when compared to COV prices in Toa Payoh. As COVs are generated by resellers, the much higher price is indicative of the high demand and willingness to pay for a flat in Toa Payoh. If you want to know how Toa Payoh became such a highly sought after estate, you’ll find its history and much more below;
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