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, stands at an estimated value of $430,163, translating to $540 per square foot. This valuation indicates a significant market signal, with the current price reflecting an above-market condition, showcasing a 16.2% difference from the established baseline. Such a premium suggests a robust demand for properties in this locale, driven by factors such as proximity to amenities, transportation links, and the overall desirability of Geylang as a residential area.
Despite the positive market sentiment, it is essential to note the low model confidence derived from just two recent HDB resale transactions in the vicinity. This limited data set may not accurately capture the broader market dynamics, thereby introducing a degree of uncertainty in the valuation. Investors and homebuyers should consider the implications of the remaining lease, as properties with shorter leases may face challenges in securing financing and could limit future resale potential. As the market evolves, ongoing monitoring of transaction activity will be crucial to gauge the sustainability of this elevated valuation.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.