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 feature in the browsing journeys of buyers exploring the broader area, maintaining its presence within the current local search landscape.

Most-searched Units: 2-Bedroom

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 410K
  • Avg PSF: S$ 568 psf (58.96% lower compared to Balestier / Toa Payoh average of S$ 1,385 psf)
  • Available Units: 5

Key Takeaway: Market demand indicators point strongly towards the 2-Bedroom configurations as the primary focus for active buyer interest. With only 5 units currently available, the limited inventory in this specific layout aligns with a highly competitive entry point for the district. The project overall represents a significant value proposition, priced at a 58.96% discount on a per-square-foot basis relative to the wider Balestier / Toa Payoh average. This pricing discipline is likely to sustain steady attention from budget-conscious buyers seeking established residential enclaves.

Location & Lifestyle Highlights — 38 Lorong 5 Toa Payoh 201m (2-3 mins) to UNITED MEDICARE CTR — This central transit point provides residents with a reliable connection to the wider Toa Payoh network and major arterial roads. Located in the heart of a mature estate, 38 Lorong 5 Toa Payoh offers a practical urban lifestyle where heritage charm meets modern efficiency. Residents enjoy being surrounded by established amenities and a dense network of transport options that make daily commuting a breeze. Nearby hotspots: MRT Stations:

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

Bus Stops (47 within 1 km):

• UNITED MEDICARE CTR (201m, 2-3 mins) — Immediate bus access for quick trips around the neighbourhood and to nearby MRT interchanges.
• PEI CHUN PUBLIC SCH (204m, 2-3 mins) — Convenient stop for families and commuters located just a short walk from the front door.

Education & Early Learning:

• PCF SPARKLETOTS PRESCHOOL @ TOA PAYOH WEST-BALESTIER BLK 45 (DS) (228m, 2-3 mins) — Nearby early childhood education providing a handy option for parents with young children.
• PEI CHUN PUBLIC SCHOOL (272m, 3-4 mins) — Highly regarded primary school within very close walking distance, making the morning school run effortless.
• ST ANDREW'S JUNIOR COLLEGE (974m, 11-12 mins) — Established institution offering quality pre-university education for older students in the area.

Healthcare & Wellness:

• OEI KHO CLINIC AND SURGERY (173m, 2-3 mins) — Immediate medical care available just around the corner for daily health needs.
• TOA PAYOH POLYCLINIC (512m, 6-7 mins) — Comprehensive public healthcare services and subsidised medical care within a short walk.
• SINGAPORE CHUNG HWA MEDICAL INSTITUTION (709m, 8-9 mins) — Renowned traditional Chinese medicine facility offering alternative wellness and treatment options.

Shopping & Retail:

• GIANT (592m, 7-8 mins) — Reliable supermarket for fresh groceries and household essentials located nearby.
• SHENG SIONG - TOA PAYOH GROCERY STORE (708m, 8-9 mins) — Popular local grocer providing a wide variety of fresh produce and budget-friendly daily necessities.

Dining & Food:

• HOKKIEN MAN HOKKIEN MEE 1913 COFFEESHOP (155m, 1-2 mins) — Famous local delights and traditional coffeeshop fare just a minute away.
• SOI 47 THAI FOOD (361m, 4-5 mins) — Popular dining spot for authentic Thai cuisine within the immediate neighbourhood.
• XIANG JI CHICKEN RICE SINCE (527m, 6-7 mins) — Well-known local eatery perfect for a quick and satisfying daily meal.

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: August 2, 2026