HomeRentApartment Whole UnitD14 - Eunos / Geylang / Paya LebarPark 1 SuitesStudio Apartment (Condo) for Rent in Park 1 Suites

Studio Apartment (Condo) for Rent in Park 1 Suites

8 Lorong 40 Geylang 398054, Aljunied, Central Region, Singapore

$2,700 /month

Added 4 months ago
Baths: 1Area: 603 sqft
Market Price· Fairly priced
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IMAGES GALLERY

Property Details

Property IDTtrXxqZ6PK85gjCCzkYxQC
PriceS$2,700
StatusFor rent
Baths1
Built Area603 sqft
PSF
S$5
Year Built2020
Furnished StatusUnknown

Description

Development Information

District & Area

D14 - Geylang

Nearest MRT

Paya Lebar MRT

Tenure

Freehold

TOP Date

12 January 2020

Project Size

Small (26 units)

26 units

Building Structure

1 Block, 6 Floors

Developer

Not available

Unit Configuration
Bedroom Types1, 3 Bedroom
Floor Plan Details

Park 1 Suites has a total of 26 units, from 1 Bed - 2 Bath to 3 Bed - 4 Bath units. There are 5 types of floor plans from 603 sqft to 1,206 sqft.

Site Plan

Park 1 Suites has 1 block and up to 06 storeys.

Development Facilities
BBQJacuzziParkingPool DeckSwimming PoolUnderwater Fitness Station
About This Development

Park 1 Suites is a freehold Condo Apartment located in Geylang, District 14. Completed in 2020, it has a total of 1 blocks within the development and comprises a total of 26 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 1 Suites is also close to schools like Trainwell Computer Training Centre, Theosophical Society Singapore Lodge The and Arts In Motion Pte Ltd. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Cool Bay and Whye Keong Pte Ltd for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as The Dental Gallery - Invisalign, Implants, Wisdom Teeth Removal, Dental Crowns & Veneers, Whitening. Winlink E-Hub is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - ABC Waters @ Geylang River, to enjoy some fresh air.

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Features & Amenities
Bbq
Pool deck
Parking
Swimming pool
Jacuzzi
Underwater fitness station

Location

8 Lorong 40 Geylang 398054, Aljunied, Central Region, Singapore

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Total Transactions

16

Average Price

S1.2M

Total Value

S19.0M

Sales Timeline

Property Value Estimate

Estimated sale value based on 15 URA transactions

Fair Value

S$886,486

S$1,470 psf

Asking Price

S$2,700

S$5 psf

Listing Type

Rental

Sale value shown for reference

vs Last Done

Not applicable

Cannot compare rent to sale psf

Tenure

Freehold

No lease decay

Confidence

High

15 comps

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

Nearest MRT

Paya Lebar

553m away · +1% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

15 comparable transactions

S$1,456

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×1.000

MRT Proximity

Within 500m / 1km

+1%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$1,470

Recent Comparable Transactions

10 shown · 15 total
Last Done

LORONG 40 GEYLANG

Jul 2025 · Floor 06-10

S$1,506 psf

+2.4% vs FV

603 sqftS$908,000Freehold

LORONG 40 GEYLANG

Jul 2025 · Floor 06-10

S$1,506 psf

+2.4% vs FV

603 sqftS$908,000Freehold

LORONG 40 GEYLANG

Jul 2022 · Floor 01-05

S$1,536 psf

+4.5% vs FV

603 sqftS$926,000Freehold

LORONG 40 GEYLANG

Jul 2022 · Floor 01-05

S$1,321 psf

-10.1% vs FV

1,098 sqftS$1,450,000Freehold

LORONG 40 GEYLANG

Jun 2022 · Floor 01-05

S$1,536 psf

+4.5% vs FV

603 sqftS$925,600Freehold

LORONG 40 GEYLANG

Apr 2022 · Floor 06-10

S$1,586 psf

+7.9% vs FV

603 sqftS$956,000Freehold

LORONG 40 GEYLANG

Apr 2022 · Floor 01-05

S$1,496 psf

+1.8% vs FV

603 sqftS$902,000Freehold

LORONG 40 GEYLANG

Feb 2022 · Floor 06-10

S$1,585 psf

+7.8% vs FV

603 sqftS$955,500Freehold

LORONG 40 GEYLANG

Dec 2021 · Floor 06-10

S$1,339 psf

-8.9% vs FV

1,098 sqftS$1,470,000Freehold

LORONG 40 GEYLANG

Dec 2021 · Floor 06-10

S$1,288 psf

-12.4% vs FV

1,098 sqftS$1,414,000Freehold

LORONG 40 GEYLANG

Dec 2021 · Floor 06-10

S$1,588 psf

+8.0% vs FV

603 sqftS$957,000Freehold
Below Fair Value
Above Fair Value
FV: S$1,470 psf

HELIOS AI Analysis

Based on 15 URA transactions (0 outliers removed), adjusted for: MRT Paya Lebar 553m away (+1%)

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

Barry Tan

Barry Tan

PROPNEX REALTY PTE. LTD.

CEA: L3008022J

+65 8321 xxxx
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