Blk 124 Paya Lebar Way
About 124 Paya Lebar Way
124 Paya Lebar Way comprises 5 room HDB blocks and is located in Geylang. It was completed in year 1979 and the lease commenced in 1980. The remaining lease period with HDB is therefore approximately 60 years 01 month.
The highest floor for this block is 21. The unit floor size is 118sqm, based on past transactions data. The latest resale transaction was in Nov 2022 and the highest transacted price was recorded in Jul 2022 for a 5 room unit at $725,000.
In terms of accessibility to schools, there are several primary schools located within 1km of block 124, including Saint Margaret's Primary School and Canossa Catholic Primary School.
Block 124 is also well-connected to public transportation, with several MRT stations close by, including Mattar MRT Station (DT25), Macpherson MRT Station (DT26) and Aljunied MRT Station (EW9).
There are also 2 bus stops easily accessible from this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 5 room | $621,500 | $667,167 | $725,000 | 3 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 5 room | $2,400 | $3,033 | $3,500 | 6 |
Resale transactions volume and average price trend (last 3 years)
Below is a quick summary of the resale transactions volume and average price trends for the 5 room units at 124 Paya Lebar Way.
- 5 room sales : Stable or no visible trend
- 5 room price : Trending up
Resale transaction details and prices
There were a total of 3 resale transactions in the last 3 years for units in block 124 Paya Lebar Way, with the latest one recorded in Nov 2022.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Nov 2022 | $655,000 | $5,551 | 5 Room | Blk 124 Paya Lebar Way 5 Room / 118 sqm | 07 to 09 | 118 sqm | Improved | 1980 |
| Jul 2022 | $725,000 | $6,144 | 5 Room | Blk 124 Paya Lebar Way 5 Room / 118 sqm | 16 to 18 | 118 sqm | Improved | 1980 |
| Dec 2021 | $621,500 | $5,267 | 5 Room | Blk 124 Paya Lebar Way 5 Room / 118 sqm | 01 to 03 | 118 sqm | Improved | 1980 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 5 room units at 124 Paya Lebar Way.
- 5 room rental : Stable trend
- 5 room rental price : Trending up
Rental transaction details and prices
There were a total of 6 rental transactions in the last 3 years for units in block 124 Paya Lebar Way. The latest recorded one was in Jul 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Jul 2024 | $3,500 | 5 Room | Blk 124 Paya Lebar Way 5 Room | Geylang |
| Nov 2023 | $3,200 | 5 Room | Blk 124 Paya Lebar Way 5 Room | Geylang |
| Aug 2023 | $3,400 | 5 Room | Blk 124 Paya Lebar Way 5 Room | Geylang |
| Jun 2022 | $2,900 | 5 Room | Blk 124 Paya Lebar Way 5 Room | Geylang |
| Mar 2022 | $2,800 | 5 Room | Blk 124 Paya Lebar Way 5 Room | Geylang |
| Nov 2021 | $2,400 | 5 Room | Blk 124 Paya Lebar Way 5 Room | Geylang |
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Property information for 124 Paya Lebar Way
| Block | : | 124 |
| Street | : | Paya Lebar Way |
| Building | : | |
| Postal code | : | 381124 |
| 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? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |