HomeBuyCondominiumApartment1RMD14 - Eunos / Geylang / Paya LebarPark Place Residences at Plq1 Bed Apartment (Condo) for Sale in Park Place Residences at Plq

1 Bed Apartment (Condo) for Sale in Park Place Residences at Plq

8 Paya Lebar Road 409056, Geylang East, Central Region, Singapore

$1,180,000

Added 4 months ago
Beds: 1Baths: 1Area: 484 sqft
Above Market· 17.3% above market
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Property Details

Property IDfHSwHWzsbJGJ3Vz54ujUiP
PriceS$1,180,000
Property TypeApartment
StatusFor sale
Beds1
Baths1
Built Area484 sqft
PSF
S$2,438
Year Built2020
Furnished StatusUnfurnished

Description

Development Information

District & Area

D14 - Geylang

Nearest MRT

Paya Lebar MRT · 2 min walk

Tenure

99 years

TOP Date

12 January 2020

Project Size

Medium (429 units)

429 units

Building Structure

3 Blocks, 17 Floors

Developer

Roma Central Pte Ltd,Milano Central Pte Ltd,Verona Central Pte Ltd

Unit Configuration
Bedroom Types1, 2, 2003 Bedroom
Floor Plan Details

Park Place Residences at Plq has a total of 429 units, from 1 Bed - 1 Bath to 3 Bed - 3 Bath units. There are 24 types of floor plans from 484 sqft to 1,163 sqft.

Site Plan

Park Place Residences at Plq has 3 blocks and up to 17 storeys.

About This Development

Park Place Residences at Plq is a 99 years leasehold Condo Apartment located in Geylang, District 14. Completed in 2020, it has a total of 3 blocks within the development and comprises a total of 429 units. It is within walking distance to MRT stations such as Paya Lebar MRT and Paya Lebar MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Park Place Residences at Plq is also close to schools like Mile Bug Excel In Learning Education Centre, Progressive Learning Academy and SGM Co-operative Office. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like 好嘉客国货超市 Hojiak supper market and Giant Super - Paya Lebar Square for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Aha Centre. Paya Lebar Post Office is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Guillemard Road Open Space, to enjoy some fresh air.

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Features & Amenities
Balcony

Location

8 Paya Lebar Road 409056, Geylang East, Central Region, Singapore

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Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

96

Average Price

S1.5M

Total Value

S145.1M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 86 URA transactions

Fair Value

S$1.01M

S$2,079 psf

Asking Price

S$1.18M

S$2,438 psf

vs Market

+17.3%

Above Market

vs Last Done

+11.4%

Above Market

Tenure

93 yrs

99-year Leasehold · Balance remaining

Confidence

High

86 comps

High = 10+ comps
Medium = 5–9 comps
Low = <5 comps

Nearest MRT

Paya Lebar

165m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

86 comparable transactions

S$2,232

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.829

MRT Proximity

Within 500m / 1km

+3%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$2,079

Recent Comparable Transactions

10 shown · 86 total
Last Done

PAYA LEBAR ROAD

Aug 2025 · Floor 16-20

S$2,188 psf

+5.2% vs FV

484 sqftS$1,060,00099 yrs lease commencing from 2015

PAYA LEBAR ROAD

Aug 2025 · Floor 16-20

S$2,188 psf

+5.2% vs FV

484 sqftS$1,060,00099 yrs lease commencing from 2015

PAYA LEBAR ROAD

Jul 2025 · Floor 01-05

S$2,057 psf

-1.1% vs FV

904 sqftS$1,860,00099 yrs lease commencing from 2015

PAYA LEBAR ROAD

Jul 2025 · Floor 06-10

S$2,308 psf

+11.0% vs FV

667 sqftS$1,540,00099 yrs lease commencing from 2015

PAYA LEBAR ROAD

Jul 2025 · Floor 06-10

S$2,359 psf

+13.5% vs FV

678 sqftS$1,600,00099 yrs lease commencing from 2015

PAYA LEBAR ROAD

Jul 2025 · Floor 11-15

S$2,276 psf

+9.5% vs FV

646 sqftS$1,470,00099 yrs lease commencing from 2015

PAYA LEBAR ROAD

Jul 2025 · Floor 01-05

S$2,248 psf

+8.1% vs FV

667 sqftS$1,500,00099 yrs lease commencing from 2015

PAYA LEBAR ROAD

Jul 2025 · Floor 06-10

S$2,254 psf

+8.4% vs FV

1,163 sqftS$2,620,00099 yrs lease commencing from 2015

PAYA LEBAR ROAD

Jul 2025 · Floor 01-05

S$2,056 psf

-1.1% vs FV

646 sqftS$1,328,00099 yrs lease commencing from 2015

PAYA LEBAR ROAD

Jul 2025 · Floor 11-15

S$2,234 psf

+7.5% vs FV

646 sqftS$1,443,00099 yrs lease commencing from 2015

PAYA LEBAR ROAD

Jun 2025 · Floor 06-10

S$2,323 psf

+11.7% vs FV

667 sqftS$1,550,00099 yrs lease commencing from 2015
Below Fair Value
Above Fair Value
FV: S$2,079 psf

HELIOS AI Analysis

Based on 86 URA transactions (0 outliers removed), adjusted for: Tenure decay (17.1% discount); MRT Paya Lebar 165m away (+3%)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.

James Yeo

James Yeo

H PROPERTIES PTE LTD

CEA: L3007139C

+65 9841 xxxx
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