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60 Paya Lebar Road
#07-54 Paya Lebar Square

Singapore 409051

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HomeBuyAll3RMD14 - Eunos / Geylang / Paya Lebar3 Bed Condo for Sale in Park Place Residences at Plq

3 Bed Condo for Sale in Park Place Residences at Plq

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

$3,500,000

Added 13 days ago
CondoFor sale
Beds: 3Baths: 2Area: 1163 sqft
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Property Details

Property IDHVdmq7vHPMvA5iTqWmBByh
PriceS$3,500,000
Property TypeCondo
StatusFor sale
Beds3
Baths2
Built Area1163 sqft
PSFS$3,009
Year Built2020
Furnished StatusUnknown

Description

Prime Location Situated within the Paya Lebar Central precinct, a vibrant commercial hub and key growth area designated under Singapore's URA Master Plan. Direct access to Paya Lebar MRT Interchange (East-West and Circle Lines), providing excellent connectivity across Singapore. Integrated Development Part of the Paya Lebar Quarter (PLQ), an integrated mixed-use development that includes Grade A office spaces, retail malls, dining options, and public spaces, offering a seamless live-work-play environment. Premium Residential Offering Comprising 429 units across three towers, Park Place Residences offers a range of unit types from 1-bedroom to 3-bedroom apartments, catering to singles, couples, and families. Units feature high-quality finishes and functional layouts designed for modern urban living. Lifestyle and Amenities Residents enjoy access to exclusive facilities such as swimming pools, a gym, BBQ areas, and landscaped gardens. Proximity to a variety of retail and dining options within PLQ Mall and nearby shopping centers like Kinex and City Plaza. Investment Potential Located in a growth area, Park Place Residences benefits from high rental demand and capital appreciation potential. Its strategic position near the CBD, Changi Business Park, and the upcoming transformation of the Paya Lebar Airbase enhances its long-term value. Please whatapps 9067XXXX

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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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

Calculating fair value from URA transaction data…

Raymond Giam

Raymond Giam

PROPNEX REALTY PTE. LTD.

License: L3008022J

Similar Properties

Above Market· 60.7% above market

Home Report · AVM Fair Value

Automated Valuation based on 2324 URA transactions

Fair Value

S$2.18M

S$1,873 psf

Asking Price

S$3.50M

S$3,009 psf

vs Market

+60.7%

Above Market

Confidence

High

2324 comps

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

2324 comparable transactions

S$1,873

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×1.000

MRT Proximity

Within 500m / 1km

0%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$1,873

Recent Comparable Transactions

DateBlock / StreetArea (sqft)PricePSF
2025-08LORONG 33 GEYLANG936S$1,180,000S$1,260
2025-08LORONG 26 GEYLANG603S$940,000S$1,559
2025-08GEYLANG EAST AVENUE 1947S$1,800,000S$1,900
2025-08PAYA LEBAR ROAD484S$1,060,000S$2,188
2025-08LORONG 28 GEYLANG1,023S$1,630,000S$1,594

Showing 5 most recent transactions from 2324 total comparables used in valuation.

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