HomeRentCondo Whole Unit2RMD14 - Eunos / Geylang / Paya Lebar2 Bed Condo for Rent in Park Place Residences at Plq

2 Bed Condo for Rent in Park Place Residences at Plq

6 Paya Lebar Road 409055, Geylang East, Central Region, Singapore

$4,799 /month

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Added 2 months ago
Condo Whole UnitFor rent
Beds: 2Baths: 1Area: 646 sqft
Market Price· Fairly priced
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Property Details

Property IDnt6vo3gRVj6nXgWL637sAN
PriceS$4,799
Property TypeCondo Whole Unit
StatusFor rent
Beds2
Baths1
Built Area646 sqft
PSF
S$8
Year Built2020
Furnished StatusFully furnished

Description

Features & Amenities
Balcony

Location

6 Paya Lebar Road 409055, Geylang East, Central Region, Singapore

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Total Transactions

96

Average Price

S1.5M

Total Value

S145.1M

Sales Timeline

Property Value Estimate

Estimated sale value based on 92 URA transactions

Fair Value

S$1.23M

S$1,901 psf

Asking Price

S$4,799

S$8 psf

Listing Type

Rental

Sale value shown for reference

vs Last Done

Not applicable

Cannot compare rent to sale psf

Tenure

93 yrs

99-year Leasehold · Balance remaining

Confidence

High

92 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

92 comparable transactions

S$2,226

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$1,901

Recent Comparable Transactions

10 shown · 92 total
Last Done

PAYA LEBAR ROAD

Aug 2025 · Floor 16-20

▲S$2,188 psf

+15.1% vs FV

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

PAYA LEBAR ROAD

Aug 2025 · Floor 16-20

▲S$2,188 psf

+15.1% vs FV

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

PAYA LEBAR ROAD

Jul 2025 · Floor 01-05

▲S$2,057 psf

+8.2% vs FV

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

PAYA LEBAR ROAD

Jul 2025 · Floor 06-10

▲S$2,308 psf

+21.4% vs FV

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

PAYA LEBAR ROAD

Jul 2025 · Floor 06-10

▲S$2,359 psf

+24.1% vs FV

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

PAYA LEBAR ROAD

Jul 2025 · Floor 11-15

▲S$2,276 psf

+19.7% vs FV

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

PAYA LEBAR ROAD

Jul 2025 · Floor 01-05

▲S$2,248 psf

+18.3% vs FV

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

PAYA LEBAR ROAD

Jul 2025 · Floor 06-10

▲S$2,254 psf

+18.6% 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

+8.2% vs FV

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

PAYA LEBAR ROAD

Jul 2025 · Floor 11-15

▲S$2,234 psf

+17.5% vs FV

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

PAYA LEBAR ROAD

Jun 2025 · Floor 06-10

▲S$2,323 psf

+22.2% vs FV

667 sqftS$1,550,00099 yrs lease commencing from 2015
Below Fair Value
Above Fair Value
FV: S$1,901 psf

HELIOS AI Analysis

Based on 92 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.

Agent

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