124 Geylang East Avenue 1 380124, Aljunied, Central Region, Singapore
$500,000
* EIP Quota: Chinese buyers not eligible Unit Highlights • High-floor 3-room HDB with 74 sqm / 797 sqft of efficient living space • Well renovated & move-in condition — minimal renovation required • Practical layout with well-defined living & dining areas • Regular-shaped rooms — easy to furnish • Bright unit with good ventilation • Ideal for singles, couples, or small families • Strong own-stay and rental potential Excellent MRT Connectivity • Aljunied MRT – ~470 m • Paya Lebar MRT – ~630 m (East-West & Circle Lines) • MacPherson MRT – ~910 m (Circle & Downtown Lines) • Bus stops just ~40 m away with multiple bus services Malls & Daily Conveniences • Paya Lebar Square – ~660 m • Paya Lebar Quarter (PLQ) – ~760 m • City Plaza – ~860 m • SingPost Centre – ~900 m • KINEX – ~960 m • Sheng Siong – ~200 m • FairPrice – ~370 m Schools Within 1 km • Geylang Methodist School (Primary) – ~320 m • Geylang Methodist School (Secondary) – ~450 m • Kong Hwa School – ~850 m • Canossa Catholic Primary – ~980 m Additional Info • City-fringe location with multiple MRT lines • Mature estate with strong demand • Suitable for own stay or investment Serious sellers | Viewing by appointment only Contact now for an exclusive viewing
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…


License: L3008022J
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Automated Valuation based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$430,163
S$540 psf
Asking Price
S$500,000
S$628 psf
vs Market
+16.2%
vs Last Done
-5.3%
Tenure
56 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Aljunied
469m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$643
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.800
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$540
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneDec 2025 | Blk 124 GEYLANG EAST AVE 1 Floor 04 TO 06 | 797sqft | S$528,000 | ▲S$663 +22.8% vs FV | 99yr from 1983 |
Dec 2025 | Blk 124 GEYLANG EAST AVE 1 Floor 04 TO 06 | 797sqft | S$528,000 | ▲S$663 +22.8% vs FV | 99yr from 1983 |
Jul 2025 | Blk 124 GEYLANG EAST AVE 1 Floor 04 TO 06 | 797sqft | S$496,888 | ▲S$624 +15.6% vs FV | 99yr from 1983 |
Blk 124 GEYLANG EAST AVE 1
Dec 2025 · Floor 04 TO 06
+22.8% vs FV
Blk 124 GEYLANG EAST AVE 1
Dec 2025 · Floor 04 TO 06
+22.8% vs FV
Blk 124 GEYLANG EAST AVE 1
Jul 2025 · Floor 04 TO 06
+15.6% vs FV
HELIOS AI Analysis
The valuation of the HDB 3-room unit in Geylang, with a remaining lease of 56 years, reflects a notable estimated value of $430,163 or $540 PSF. This figure positions the property at a significant premium, as indicated by the 16.2% deviation above market baseline. Such an upward trend suggests that demand for properties in this enclave remains robust, potentially driven by Geylang's strategic location and vibrant community. The 3-room configuration is particularly sought after among young families and investors alike, further bolstering its appeal in the current market landscape.
However, it is essential to approach this valuation with caution, given the low model confidence stemming from the analysis of only two recent HDB resale transactions in the vicinity. This limited data set may not adequately capture the full spectrum of market dynamics or fluctuations. As the remaining lease is still considerable at 56 years, it is imperative for potential buyers and investors to weigh long-term viability and future resale potential against the backdrop of ongoing urban development and regulatory changes in Singapore's real estate sector.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.