38 Lorong 5 Toa Payoh - 3 Units for Sale

There are 3 properties for sale at 38 Lorong 5 Toa Payoh. You can use our elegant Property Search Tool to find the right HDB Flat, Condominium, Apartment, Executive Condominium, Terraced House, Detached House, Semi-Detached House and Bungalow House that is currently for sale. The options in our database are limitless. Our Property Evaluation Tool makes the market transparent for you, so that you can make a confident decision to buy your Property in Singapore. Start your Property Search above, or refine your search using these most popular searches on Property for sale.

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 local property searches without dropping out of view, maintaining its presence among active participants exploring the district.

Most-searched Units: 2-Bedroom

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 382K
  • Avg PSF: S$ 482 psf (65.34% lower compared to Balestier / Toa Payoh average of S$ 1,391 psf)
  • Available Units: 3

Key Takeaway: Market demand indicators point strongly towards 2-Bedroom configurations as the preferred choice for those browsing this development. The current inventory of three available units sits at a significant price-per-square-foot discount relative to the broader Balestier / Toa Payoh average, highlighting a highly competitive entry point. This substantial value gap compared to district norms suggests the property serves a specific niche for budget-conscious seekers. Such a pronounced pricing advantage is likely to support steady interest from buyers prioritizing affordability within an established residential area.

Location & Lifestyle Highlights — 38 Lorong 5 Toa Payoh

201m (2-3 mins) to UNITED MEDICARE CTR — This nearby transit point offers a quick connection to the wider public transport network, making daily commutes across the island much smoother.

Living at 38 Lorong 5 Toa Payoh puts you right in the heart of a mature estate where everything you need for a modern, efficient lifestyle is just a short walk away. It is a practical choice for those who value being surrounded by established food centres, reputable schools, and reliable healthcare services.

Nearby hotspots:

MRT Stations:

• TOA PAYOH MRT STATION (1163m, 13-14 mins) — Access the North-South Line for a direct and efficient route to the Orchard Road shopping belt and the Central Business District.

Bus Stops (47 within 1 km):

• UNITED MEDICARE CTR (201m, 2-3 mins) — Convenient boarding point just steps away for easy travel around the Toa Payoh neighbourhood.
• PEI CHUN PUBLIC SCH (204m, 2-3 mins) — Practical transport link located right next to the popular primary school for a simpler school run.

Education & Early Learning:

• PEI CHUN PUBLIC SCHOOL (272m, 3-4 mins) — A highly sought-after primary school located within a very short walking distance, perfect for families with young children.
• PCF SPARKLETOTS PRESCHOOL @ TOA PAYOH WEST-BALESTIER BLK 45 (DS) (228m, 2-3 mins) — Reliable early childhood education options situated right in the immediate neighbourhood for maximum convenience.
• BEATTY SECONDARY SCHOOL (986m, 11-12 mins) — A well-established secondary school nearby that provides a convenient option for older students.

Healthcare & Wellness:

• OEI KHO CLINIC AND SURGERY (173m, 2-3 mins) — Immediate access to medical consultation and primary healthcare services just around the corner.
• TOA PAYOH POLYCLINIC (512m, 6-7 mins) — Comprehensive public healthcare facilities nearby for affordable and accessible family medical needs.
• SINGAPORE CHUNG HWA MEDICAL INSTITUTION (709m, 8-9 mins) — Renowned traditional Chinese medicine centre providing alternative wellness and treatment options in the vicinity.

Shopping & Retail:

• GIANT (592m, 7-8 mins) — A dependable spot for your weekly grocery runs and household essentials within a comfortable walking distance.
• SHENG SIONG - TOA PAYOH GROCERY STORE (708m, 8-9 mins) — Popular supermarket choice for fresh produce and daily necessities at competitive prices.

Dining & Food:

• HOKKIEN MAN HOKKIEN MEE 1913 COFFEESHOP (155m, 1-2 mins) — Famous local delights and quick coffee breaks are available almost at your doorstep.
• SOI 47 THAI FOOD (361m, 4-5 mins) — Great variety of nearby dining options for families who enjoy eating out without traveling far.
• KIM KEAT FOOD DRINKS CENTRE (592m, 7-8 mins) — A local food hub offering a wide range of affordable hawker fare for daily meals.

Highly attractive for: Young Families, Healthcare Professionals, Local Investors, and Multi-generational Households.

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: June 2, 2026