38 Lorong 5 Toa Payoh - 2 Units for Sale

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38 Lorong 5 Toa Payoh – PropertyGuru Market Pulse Insights

Recent market search behaviour suggests the project remains on the radar of local property seekers, drawing on 30 days of PropertyGuru search activity in Balestier / Toa Payoh. This development continues to register in property browsing patterns among active buyers looking for residential options in the area.

Most-searched Units: 3-Bedroom

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 398K
  • Avg PSF: S$ 481 psf (66.03% lower compared to Balestier / Toa Payoh average of S$ 1,417 psf)
  • Available Units: 1
• 3-Bedroom Units:
  • Avg Asking Price: S$ 345K
  • Avg PSF: S$ 479 psf (65.78% lower compared to Balestier / Toa Payoh average of S$ 1,398 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point strongly towards the 3-Bedroom configurations as the preferred choice for those browsing this development. With only a single unit available in each category, the limited inventory profile aligns with a highly competitive pricing strategy. The property overall represents significant value, sitting at a substantial discount relative to the broader Balestier / Toa Payoh average. This low-supply, high-value dynamic suggests steady interest from buyers seeking entry-level price points in a central location.

Location & Lifestyle Highlights — 38 Lorong 5 Toa Payoh 201m (2-3 mins) to UNITED MEDICARE CTR — This central spot offers excellent bus connectivity that links you quickly to the wider Toa Payoh network and downtown routes. Located in the heart of a mature estate, 38 Lorong 5 Toa Payoh offers a practical urban lifestyle where daily essentials and local food gems are just a short stroll away. It is a home designed for those who value efficiency and being part of a vibrant, established neighborhood. Nearby hotspots: MRT Stations:

• TOA PAYOH MRT STATION (1163m, 13-14 mins) — Major transport hub on the North-South Line providing direct access to Orchard Road and the Central Business District.

Bus Stops (49 within 1 km):

• UNITED MEDICARE CTR (201m, 2-3 mins) — Convenient boarding point for several feeder services around the estate.
• PEI CHUN PUBLIC SCH (204m, 2-3 mins) — Easy transport link for students and residents heading towards the main interchange.

Education & Early Learning:

• PCF SPARKLETOTS PRESCHOOL @ TOA PAYOH WEST-BALESTIER BLK 45 (DS) (228m, 2-3 mins) — Reliable early childhood education located just around the corner for young families.
• PEI CHUN PUBLIC SCHOOL (272m, 3-4 mins) — Highly regarded primary education within a very short walking distance for stress-free morning school runs.
• ST ANDREW'S JUNIOR COLLEGE (974m, 11-12 mins) — Reputable pre-university institution easily accessible for older students in the area.

Healthcare & Wellness:

• OEI KHO CLINIC AND SURGERY (173m, 2-3 mins) — Immediate medical attention available nearby for general health needs.
• TOA PAYOH POLYCLINIC (512m, 6-7 mins) — Comprehensive public healthcare services and subsidized medical care within a quick walk.
• SINGAPORE CHUNG HWA MEDICAL INSTITUTION (710m, 8-9 mins) — Renowned traditional Chinese medicine facility offering specialized wellness treatments.

Shopping & Retail:

• GIANT (588m, 7-8 mins) — Handy supermarket for picking up fresh groceries and household supplies on the way home.
• SHENG SIONG - TOA PAYOH GROCERY STORE (708m, 8-9 mins) — Popular local grocer known for value and a wide variety of fresh produce.

Dining & Food:

• HOKKIEN MAN HOKKIEN MEE 1913 COFFEESHOP (155m, 1-2 mins) — Famous local delights and quick coffee breaks just steps from your front door.
• SOI 47 THAI FOOD (361m, 4-5 mins) — Authentic Thai dining option perfect for casual family dinners or weekend treats.
• XIANG JI CHICKEN RICE SINCE (527m, 6-7 mins) — Well-loved neighborhood staple offering classic Singaporean comfort food.

Highly attractive for: Young Families, Healthcare Professionals, Urban Couples

Market & Rental Insights

38 Lorong 5 Toa Payoh demonstrates a profile of significant capital growth and high-yielding rental potential within a mature residential district.

• PSF Appreciation:S$453 → S$503 over recent years (+11.04%) from 2023 - 2026.
• Expected Rental Yield: At 8.6%, this represents a strong return for property investors.
• Transactions:6 rental transactions in the last 6 months and 1 sale transaction in the last 12 months, indicating modest rental and limited sale activity.
• PG Pulse Insight: With a +11.04% PSF increase and a strong rental yield of 8.6%, 38 Lorong 5 Toa Payoh offers a compelling investment case despite modest transaction volumes.

Published date: October 2, 2026