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Blk 123 Paya Lebar Way

123 Paya Lebar Way is an HDB block in Geylang. It comprises 5 room units with the highest floor being 21. The block was completed in 1979 and the lease with HDB commenced in the year 1980. This leaves a remaining lease period of approximately 61 years 10 months.

Based on past transactions data, the unit floor size is 118sqm. The latest resale transaction was in Aug 2024 and the highest transacted price was recorded in Jul 2024 for a 5 room unit at $736,000.

In terms of accessibility to schools, there are several primary schools located within 1km of 123, including Saint Margaret's Primary School and Canossa Catholic Primary School.

Public transportation is also convenient, with several MRT stations close to 123, including Mattar MRT Station (DT25), Aljunied MRT Station (EW9) and Macpherson MRT Station (DT26). There are also 2 bus stops within walking distance of this block.

Resale summary (last 3 years)

Flat Type Min $ Avg $ Max $ Sold
5 room $628,000 $655,500 $736,000 8

Rental summary (last 3 years)

Flat Type Min $ Avg $ Max $ Rented
5 room $2,300 $2,911 $3,800 9

Below is a quick summary of the resale transactions volume and average price trends for the 5 room units at 123 Paya Lebar Way.

  • 5 room sales : Stable or no visible trend
Resale transactions trend
  • 5 room price : Trending up
Average resale price trend

There were a total of 8 resale transactions in the last 3 years for units in block 123 Paya Lebar Way, with the latest one recorded in Aug 2024.

118
Date Resale PSM Type Location Floor Fl. Area Model Built
Aug 2024 $670,000 $5,678 5 Room Blk 123 Paya Lebar Way 5 Room / 118 sqm 04 to 06 118 sqm Improved 1980
Jul 2024 $736,000 $6,237 5 Room Blk 123 Paya Lebar Way 5 Room / 118 sqm 13 to 15 118 sqm Improved 1980
Jul 2023 $628,000 $5,322 5 Room Blk 123 Paya Lebar Way 5 Room / 118 sqm 01 to 03 118 sqm Improved 1980
Apr 2023 $665,000 $5,636 5 Room Blk 123 Paya Lebar Way 5 Room / 118 sqm 13 to 15 118 sqm Improved 1980
Feb 2023 $635,000 $5,381 5 Room Blk 123 Paya Lebar Way 5 Room / 118 sqm 04 to 06 118 sqm Improved 1980
Dec 2022 $635,000 $5,381 5 Room Blk 123 Paya Lebar Way 5 Room / 118 sqm 01 to 03 118 sqm Improved 1980
Aug 2022 $630,000 $5,339 5 Room Blk 123 Paya Lebar Way 5 Room / 118 sqm 04 to 06 118 sqm Improved 1980
Feb 2022 $645,000 $5,466 5 Room Blk 123 Paya Lebar Way 5 Room / 118 sqm 04 to 06 118 sqm Improved 1980

Here's a summary of the rental transactions and price trends for the 5 room units at 123 Paya Lebar Way.

  • 5 room rental : Trending up
Rental transactions trend
  • 5 room rental price : Trending up
Average rental price trend

There were a total of 9 rental transactions in the last 3 years for units in block 123 Paya Lebar Way. The latest recorded one was in Oct 2024.

119
Date Rental Flat Type Location Town
Oct 2024 $2,650 5 Room Blk 123 Paya Lebar Way 5 Room Geylang
Jun 2024 $3,800 5 Room Blk 123 Paya Lebar Way 5 Room Geylang
Jun 2024 $3,000 5 Room Blk 123 Paya Lebar Way 5 Room Geylang
Mar 2024 $3,500 5 Room Blk 123 Paya Lebar Way 5 Room Geylang
Jun 2023 $2,750 5 Room Blk 123 Paya Lebar Way 5 Room Geylang
Apr 2023 $3,500 5 Room Blk 123 Paya Lebar Way 5 Room Geylang
Jun 2022 $2,400 5 Room Blk 123 Paya Lebar Way 5 Room Geylang
Apr 2022 $2,300 5 Room Blk 123 Paya Lebar Way 5 Room Geylang
Dec 2021 $2,300 5 Room Blk 123 Paya Lebar Way 5 Room Geylang
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123 Paya Lebar Way

Block : 123
Street : Paya Lebar Way
Building :
Postal code : 381123
Town : Geylang
Recorded transactions floor area : 118 sqm
Recorded transactions flat types : 5 Room
Recorded transactions flat models : Improved
Lease commencement : 1980
Year completed : 1979
Max. Floor : 21
Residential? : Y
Commercial? : Y
Market or hawker centre? : N
Multi-storey carpark? : N
Precinct or pavilion? : N
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