8 Lorong 40 Geylang 398054, Aljunied, Central Region, Singapore
$2,500 /month

**Studio Apartment for Rent at Park 1 Suites** Move in 18 April 2026 Discover the perfect blend of convenience and modern living with this studio apartment available for rent at Park 1 Suites. Situated in the vibrant District 14, this property offers a fantastic opportunity for first-time home buyers, young professionals, and renters looking for a strategic location in Singapore. With a monthly rental price of just 2,500, this condominium provides excellent value in the heart of Geylang. Located at 8 Lorong 40 Geylang, postal code 398054, this studio apartment is designed for those who appreciate a minimalist lifestyle without compromising on quality. Featuring an open-plan layout with ample natural light, the apartment includes one bathroom, making it a practical choice for individuals or couples. Park 1 Suites is known for its modern architecture and offers a secure and sophisticated living environment. The property is currently active for rent, so don't miss the chance to make Park 1 Suites your new home. The strategic location ensures easy access to public transport, dining options, and essential amenities, making it ideal for those who enjoy the lively urban lifestyle. Contact us today to arrange a viewing and experience first-hand why this property is perfect for you. Follow us on Facebook https://m.facebook.com/haysgproperty/ See our proven track record here Srx.com.sg/cheeyunxuan Thank you!
D14 - Geylang
Paya Lebar MRT
12 January 2020
Small (26 units)
26 units
1 Block, 6 Floors
Not available
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.
Park 1 Suites has 1 block and up to 06 storeys.
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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Total Transactions
16
Average Price
S1.2M
Total Value
S19.0M
Calculating fair value from URA transaction data…


License: L3008022J
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Estimated sale value based on 16 URA transactions
Fair Value
S$448,573
S$1,495 psf
Asking Price
S$2,500
S$9 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
16 comps
Nearest MRT
Paya Lebar
553m away · +1% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
16 comparable transactions
S$1,451
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
+2%
Adjusted Fair Value PSF
S$1,495
Recent Comparable Transactions
10 shown · 16 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJul 2025 | LORONG 40 GEYLANG Floor 06-10 | 603sqft | S$908,000 | ▲S$1,506 +0.7% vs FV | Freehold |
Jul 2025 | LORONG 40 GEYLANG Floor 06-10 | 603sqft | S$908,000 | ▲S$1,506 +0.7% vs FV | Freehold |
Jul 2022 | LORONG 40 GEYLANG Floor 01-05 | 603sqft | S$926,000 | ▲S$1,536 +2.7% vs FV | Freehold |
Jul 2022 | LORONG 40 GEYLANG Floor 01-05 | 1,098sqft | S$1,450,000 | ▼S$1,321 -11.6% vs FV | Freehold |
Jun 2022 | LORONG 40 GEYLANG Floor 01-05 | 603sqft | S$925,600 | ▲S$1,536 +2.7% vs FV | Freehold |
Apr 2022 | LORONG 40 GEYLANG Floor 06-10 | 603sqft | S$956,000 | ▲S$1,586 +6.1% vs FV | Freehold |
Apr 2022 | LORONG 40 GEYLANG Floor 01-05 | 603sqft | S$902,000 | ▲S$1,496 +0.1% vs FV | Freehold |
Feb 2022 | LORONG 40 GEYLANG Floor 06-10 | 603sqft | S$955,500 | ▲S$1,585 +6.0% vs FV | Freehold |
Dec 2021 | LORONG 40 GEYLANG Floor 06-10 | 1,098sqft | S$1,470,000 | ▼S$1,339 -10.4% vs FV | Freehold |
Dec 2021 | LORONG 40 GEYLANG Floor 06-10 | 1,098sqft | S$1,414,000 | ▼S$1,288 -13.8% vs FV | Freehold |
Dec 2021 | LORONG 40 GEYLANG Floor 06-10 | 603sqft | S$957,000 | ▲S$1,588 +6.2% vs FV | Freehold |
LORONG 40 GEYLANG
Jul 2025 · Floor 06-10
+0.7% vs FV
LORONG 40 GEYLANG
Jul 2025 · Floor 06-10
+0.7% vs FV
LORONG 40 GEYLANG
Jul 2022 · Floor 01-05
+2.7% vs FV
LORONG 40 GEYLANG
Jul 2022 · Floor 01-05
-11.6% vs FV
LORONG 40 GEYLANG
Jun 2022 · Floor 01-05
+2.7% vs FV
LORONG 40 GEYLANG
Apr 2022 · Floor 06-10
+6.1% vs FV
LORONG 40 GEYLANG
Apr 2022 · Floor 01-05
+0.1% vs FV
LORONG 40 GEYLANG
Feb 2022 · Floor 06-10
+6.0% vs FV
LORONG 40 GEYLANG
Dec 2021 · Floor 06-10
-10.4% vs FV
LORONG 40 GEYLANG
Dec 2021 · Floor 06-10
-13.8% vs FV
LORONG 40 GEYLANG
Dec 2021 · Floor 06-10
+6.2% vs FV
HELIOS AI-Detected Boosters
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.