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124 Paya Lebar Way

HDB Block · in Geylang, Singapore · 99-year lease · Completed 1979

Data through 1 November 2022

Intro: 124 Paya Lebar Way is an HDB block located along Paya Lebar Way within Geylang with a 99-year lease commencing in 1979. It was completed in 1979 with 80 units in total. So far it has been transacted a total of 64 times.

HDBGeylang
On this pageProject detailsNearby MRT & schoolsPrices & transactionsFAQs
Annual Returns
Avg annualized profit (past 1y)
4.9%

124 Paya Lebar Way project details

Street
Paya Lebar Way
Postal Code
381124
Unit Types
5 Room
Completion
1979
Total Units
80
Unit Size
1,270 - 1,270 sqft
Lease Remaining
52 yrs

MRT and LRT stations near 124 Paya Lebar Way

  • Mattar377 m · MRTDT25
  • Macpherson571 m · MRTDT26CC10
  • Aljunied746 m · MRTEW9
See details on nearby stations

Primary schools near 124 Paya Lebar Way

  • Canossa Catholic Primary School465 m
  • Geylang Methodist School (Primary)605 m
See details on nearby schools

124 Paya Lebar Way price, PSF and transaction trends

01-03-1990
First Transacted
01-11-2022
Last Transacted
64
Total Transactions

124 Paya Lebar Way transaction volume

124 Paya Lebar Way transaction volume01232009 · Resale: 320092010 · Resale: 220102012 · Resale: 320122013 · Resale: 120132015 · Resale: 120152019 · Resale: 120192021 · Resale: 120212022 · Resale: 22022
New SaleSub SaleResale

Among the latest 12 recorded sales for 124 Paya Lebar Way, the median price was S$550,900 and the median PSF was S$434 psf. The newest record shown is from 1 November 2022. The annual project median was 60.8% higher in 2022 than in 2009; unit mix can affect year-to-year comparisons.

Recent 124 Paya Lebar Way transactions

DateFlat type / storeyPricePSFSize
1 November 20225 Room · 07 To 09S$655,000S$516 psf1,270 sqft
1 July 20225 Room · 16 To 18S$725,000S$571 psf1,270 sqft
1 December 20215 Room · 01 To 03S$621,500S$489 psf1,270 sqft
1 July 20195 Room · 10 To 12S$638,000S$502 psf1,270 sqft
1 April 20155 Room · 04 To 06S$530,000S$417 psf1,270 sqft

124 Paya Lebar Way median transaction PSF (S$)

124 Paya Lebar Way median transaction PSF (S$)01503004506002009 · Median PSF: 33820092010 · Median PSF: 36620102012 · Median PSF: 41920122013 · Median PSF: 46120132015 · Median PSF: 41720152019 · Median PSF: 50220192021 · Median PSF: 48920212022 · Median PSF: 5432022

124 Paya Lebar Way annual price trend

YearMedian priceMedian PSFRecorded sales
2022S$690,000S$543 psf2
2021S$621,500S$489 psf1
2019S$638,000S$502 psf1
2015S$530,000S$417 psf1
2013S$585,000S$461 psf1
2012S$531,800S$419 psf3
2010S$465,000S$366 psf2
2009S$429,000S$338 psf3
64.0%
% Profitable
36
Profitable
20
Unprofitable

124 Paya Lebar Way annualized profit %

124 Paya Lebar Way annualized profit %0.0%2.5%5.0%7.5%10.0%2010 · Average Annualized Profit: 7.8%20102012 · Average Annualized Profit: 9.7%20122013 · Average Annualized Profit: 9.1%20132015 · Average Annualized Profit: 3.8%20152019 · Average Annualized Profit: 1.4%20192021 · Average Annualized Profit: 5.7%20212022 · Average Annualized Profit: 2.7%20222026 · Average Annualized Profit: 4.9%2026
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Frequently asked questions about 124 Paya Lebar Way

How much do units at 124 Paya Lebar Way cost?

The latest 12 recorded sales show a median price of S$550,900 and a median of S$434 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 124 Paya Lebar Way freehold or leasehold?

124 Paya Lebar Way has a tenure of 99-year lease.

When was 124 Paya Lebar Way completed?

124 Paya Lebar Way was completed in 1979 and the project has 80 units.

Which MRT or LRT station is nearest to 124 Paya Lebar Way?

Mattar is the nearest station shown, at an estimated straight-line distance of 377 metres.

Which primary schools are near 124 Paya Lebar Way?

The primary schools shown within the page’s one-kilometre search are Canossa Catholic Primary School (465 m) and Geylang Methodist School (Primary) (605 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Resale transaction records are based on HDB resale transaction data published on data.gov.sg. REALSMART calculates block-level medians, chart groupings, profitability indicators and straight-line distances. Data on this page runs through 1 November 2022. Figures are indicative and do not constitute financial advice.

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