15 Paya Lebar Road 409049, Geylang East, Central Region, Singapore
$6,800 /month


















Rare hard to come by 3 bedroom development at Park Place Residences. Facilities floor unit, giving you convenience to the swimming pool and gym yet tuck away at one private corner for additional privacy. It is undoubtedly in a very good location. Paya Lebar is on the fringe of the city, about 10 minutes drive to the CBD (Central Business District) and the Marina Bay Financial District. About 15 minutes drive to Changi International Airport. One big advantage is that it will have direct access, at basement & ground levels, to Paya Lebar Interchange MRT station that joins the Circle and East West MRT Lines, offering direct connections to over 60 MRT stops. As Park Place Residences is part of a huge mixed development, with high end offices and retail mall literally next door, it offers superb convenience on a daily basis. A prime example of maximising productivity and efficiency in a work, live & play environment, with F&B, shopping, supermarkets, banks & entertainment at the doorstep. It is close to the culturally rich communities of Katong and Joo Chiat. And perhaps closer to the hearts of Singaporeans, it is surrounded by the food havens that abound in these districts! The same factor that makes other developments around Katong, such as Meyerhouse, Nyon Amber, Amber Skye, and Liv at MB attractive too. The Paya Lebar Quarter site also enjoys connectivity to highways like the KPE, PIE, ECP, and Nicoll Highway. In terms of schools, there are several of them located within the neighbouring Geylang and Katong districts. These include Kong Hwa School, Tanjong Katong Secondary School, Haig Girls’ School as well as Geylang Methodist School (Primary and Secondary), all of which will take 20 minutes to reach.
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Total Transactions
11
Average Price
S2.0M
Total Value
S21.7M
Calculating fair value from URA transaction data…
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Estimated sale value based on 359 URA transactions
Fair Value
S$1.56M
S$1,296 psf
Asking Price
S$6,800
S$6 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
89 yrs
99-year Leasehold · Balance remaining
Confidence
High
359 comps
Nearest MRT
Paya Lebar
72m away · +3% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
359 comparable transactions
S$1,732
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.727
MRT Proximity
Within 500m / 1km
+3%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$1,296
Recent Comparable Transactions
10 shown · 359 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | PAYA LEBAR ROAD Floor 16-20 | 484sqft | S$1,060,000 | ▲S$2,188 +68.8% vs FV | 99 yrs lease commencing from 2015 |
Aug 2025 | PAYA LEBAR ROAD Floor 16-20 | 484sqft | S$1,060,000 | ▲S$2,188 +68.8% vs FV | 99 yrs lease commencing from 2015 |
Aug 2025 | TANJONG KATONG ROAD Floor 11-15 | 549sqft | S$1,145,000 | ▲S$2,086 +61.0% vs FV | Freehold |
Jul 2025 | LORONG 39 GEYLANG Floor 06-10 | 549sqft | S$888,888 | ▲S$1,619 +24.9% vs FV | Freehold |
Jul 2025 | LORONG 35 GEYLANG Floor 01-05 | 452sqft | S$750,000 | ▲S$1,659 +28.0% vs FV | Freehold |
Jul 2025 | PAYA LEBAR ROAD Floor 01-05 | 904sqft | S$1,860,000 | ▲S$2,057 +58.7% vs FV | 99 yrs lease commencing from 2015 |
Jul 2025 | PAYA LEBAR ROAD Floor 06-10 | 667sqft | S$1,540,000 | ▲S$2,308 +78.1% vs FV | 99 yrs lease commencing from 2015 |
Jul 2025 | PAYA LEBAR ROAD Floor 06-10 | 678sqft | S$1,600,000 | ▲S$2,359 +82.0% vs FV | 99 yrs lease commencing from 2015 |
Jul 2025 | PAYA LEBAR ROAD Floor 11-15 | 646sqft | S$1,470,000 | ▲S$2,276 +75.6% vs FV | 99 yrs lease commencing from 2015 |
Jul 2025 | PAYA LEBAR ROAD Floor 01-05 | 667sqft | S$1,500,000 | ▲S$2,248 +73.5% vs FV | 99 yrs lease commencing from 2015 |
Jul 2025 | PAYA LEBAR ROAD Floor 06-10 | 1,163sqft | S$2,620,000 | ▲S$2,254 +73.9% vs FV | 99 yrs lease commencing from 2015 |
PAYA LEBAR ROAD
Aug 2025 · Floor 16-20
+68.8% vs FV
PAYA LEBAR ROAD
Aug 2025 · Floor 16-20
+68.8% vs FV
TANJONG KATONG ROAD
Aug 2025 · Floor 11-15
+61.0% vs FV
LORONG 39 GEYLANG
Jul 2025 · Floor 06-10
+24.9% vs FV
LORONG 35 GEYLANG
Jul 2025 · Floor 01-05
+28.0% vs FV
PAYA LEBAR ROAD
Jul 2025 · Floor 01-05
+58.7% vs FV
PAYA LEBAR ROAD
Jul 2025 · Floor 06-10
+78.1% vs FV
PAYA LEBAR ROAD
Jul 2025 · Floor 06-10
+82.0% vs FV
PAYA LEBAR ROAD
Jul 2025 · Floor 11-15
+75.6% vs FV
PAYA LEBAR ROAD
Jul 2025 · Floor 01-05
+73.5% vs FV
PAYA LEBAR ROAD
Jul 2025 · Floor 06-10
+73.9% vs FV
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.