120 Lorong 2 Toa Payoh - 1 Units for Sale

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120 Lorong 2 Toa Payoh – PropertyGuru Market Pulse Insights

The project remains visible within recent property searches tied to the Balestier / Toa Payoh local area. Drawing on 30 days of PropertyGuru search activity, the development continues to be a point of reference for seekers exploring residential options in this mature estate.

Popular preferences: Balcony, Tennis Court, Corner Unit, Maidsroom, Private Pool, Renovated

Pricing by Unit Types:

• 1-Bedroom Units:
  • Avg Asking Price: S$ 310K
  • Avg PSF: S$ 719 psf (63.02% lower compared to Balestier / Toa Payoh average of S$ 1,945 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point toward a specific interest in compact living within this development, with the 1-Bedroom configurations serving as the primary entry point for buyers. The current inventory is extremely limited, featuring a single available unit that offers a significant value proposition compared to the broader district average. This substantial price-per-square-foot discount suggests the property caters to a niche segment looking for affordability in a central location. Such a high-value, low-supply dynamic typically supports steady interest from budget-conscious seekers or investors looking for entry-level opportunities in Balestier / Toa Payoh.

Location & Lifestyle Highlights — 120 Lorong 2 Toa Payoh

360m (4 mins) to BRADDELL MRT STATION — This station on the North-South Line provides a direct and efficient link to Orchard Road and the Central Business District for daily commuters.

Located in the heart of a mature estate, 120 Lorong 2 Toa Payoh offers a practical and modern living experience where everything you need for a smooth daily routine is just a short walk away. The area perfectly balances traditional charm with the efficiency of a well-connected urban hub.

Nearby hotspots:

MRT Stations (3 within 1 km):

• CALDECOTT MRT STATION (756m, 9-10 mins) — Access to both the Circle Line and Thomson-East Coast Line makes traveling across the island much faster.
• TOA PAYOH MRT STATION (880m, 10-11 mins) — A major transport node that connects you to the bustling town centre and integrated bus interchange.

Bus Stops (82 within 1 km):

• BLK 121 (208m, 2-3 mins) — Convenient stop right nearby for quick hops around the Toa Payoh neighbourhood.
• BRADDELL STN / BLK 111 (214m, 2-3 mins) — Easy access to multiple bus routes that serve the immediate residential area.

Education & Early Learning:

• KHENG CHENG SCHOOL (385m, 4-5 mins) — A reputable primary school located very close to home, making the morning school run effortless for parents.
• CARPE DIEM SCHOOLHOUSE (343m, 4-5 mins) — Quality early childhood education is available just a few minutes away for young families.
• RAFFLES GIRLS' SECONDARY SCHOOL (884m, 10-11 mins) — Proximity to this premier secondary school offers excellent long-term educational prospects for daughters.

Healthcare & Wellness:

• TOA PAYOH WEST MARKET FOOD CENTRE (82m, 1 min) — Located almost at your doorstep, providing easy access to fresh produce and local wellness options.
• UNIHEALTH TOA PAYOH (982m, 11-12 mins) — Reliable medical services are available within the estate for peace of mind regarding family health.
• RAFFLES MEDICAL (993m, 11-12 mins) — Professional healthcare consultations are conveniently located near the town centre area.

Shopping & Retail:

• FAIRPRICE (617m, 7-8 mins) — A well-stocked supermarket nearby ensures that grocery shopping for daily essentials is always a breeze.
• GIANT SUPER - TOA PAYOH LORONG 4 (1035m, 12-13 mins) — Another great option for household supplies and affordable retail needs within the neighbourhood.

Dining & Food:

• IANTAU SARAWAK LAKSA (148m, 1-2 mins) — Delicious local specialities are just a quick stroll away for a convenient lunch or dinner.
• 2612 LITTLE VIETNAM CUISINE (148m, 1-2 mins) — Diverse food options nearby offer a variety of flavours for residents who enjoy eating out.
• JOHNSON EATERY (148m, 1-2 mins) — A handy local spot for quick meals and coffee in a relaxed setting.

Convenience Stores:

• PHOON HUAT (369m, 4-5 mins) — Excellent for home bakers looking for specialized ingredients without having to travel far.
• CHEERS (824m, 9-10 mins) — Perfect for grabbing quick snacks or drinks while on the way to the MRT.

Highly attractive for: Young Families, Urban Professionals, Investors, and Established Couples.

Market & Rental Insights

120 Lorong 2 Toa Payoh demonstrates a profile of capital appreciation and high rental returns within a mature residential district.

• PSF Appreciation: S$614.5 → S$646 over recent years (+5.13%) from 2023 - 2026.
• Expected Rental Yield: At 8.63%, this reflects a strong return for investors.
• Transactions: 3 rental transactions in the last 6 months and 5 sale transactions in the last 12 months, showing modest rental and modest sale activity.
• PG Pulse Insight: With a +5.13% PSF growth and a strong rental yield of 8.63%, the project offers a compelling investment case despite limited transaction volume.

Published date: July 1, 2026