124 Paya Lebar Way 381124, Macpherson, Central Region, Singapore
$1,000 /month
Walk to Mattar MRT, MacPherson MRT or Aljunied MRT Very Convenient Location 1 Pax $1000 2 Pax or Couple $1200 Air-Cond Wifi No Cooking, Cup Noodle with hot water pouring ok. The listing is for a Common Room available for rent in 124 Paya Lebar Way, a stunning HDB Flat in Singapore. Looking for a HDB for Rent in Singapore? Paya Lebar Way is the perfect property in Geylang for you! Located in Geylang HDB Estate, this development is part of District 14. Completed in 1979, Paya Lebar Way is a 99 year leasehold HDB Development with a total of 80 units. It has a total of 21 floors and is one of 7 HDB blocks on Paya Lebar Way. Nearby amenities ⭑ Nearby MRTs • Mattar (421 m) - 6 mins walk • 3 MRTs within 1 km ⭑ Nearby Bus stops • Blk 125 (254 m) - 4 mins walk • Opposite Blk 125 (274 m) - 4 mins walk • Opp Blk 125 (287 m) - 4 mins walk • 6 more walking distance bus stops within 500 m ⭑ Nearby Grocery Stores • FairPrice - Geylang East (374 m) - 6 mins walk • FairPrice Aljunied Ave 2 (374 m) - 6 mins walk • 7 grocery stores within 1 km ⭑ Nearby Schools • St. Margaret's Primary School (276 m) - 4 mins walk • St Margaret's School (Primary) (318 m) - 5 mins walk • Nexus International School (Singapore) (357 m) - 5 mins walk • 5 more schools within 1 km ⭑ Nearby Parks • GEHA Garden (294 m) - 5 mins walk • Geylang East Park (467 m) - 7 mins walk • Pelton Canal Park Connector (475 m) - 7 mins walk • 6 more parks within 1 km Please call Cindy Fu from 99.co @ +659106XXXX to arrange for a 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: L3002382K
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Estimated sale value based on 41 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$73,725
S$492 psf
Asking Price
S$1,000
S$7 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
52 yrs
99-year Leasehold · Balance remaining
Confidence
High
41 comps
Nearest MRT
Mattar
450m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
41 comparable transactions
S$630
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.743
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$492
Recent Comparable Transactions
10 shown · 41 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 70 CIRCUIT RD Floor 10 TO 12 | 452sqft | S$280,000 | ▲S$619 +25.8% vs FV | 99yr from 1969 |
Apr 2026 | Blk 70 CIRCUIT RD Floor 10 TO 12 | 452sqft | S$280,000 | ▲S$619 +25.8% vs FV | 99yr from 1969 |
Apr 2026 | Blk 70 CIRCUIT RD Floor 01 TO 03 | 431sqft | S$283,000 | ▲S$657 +33.5% vs FV | 99yr from 1969 |
Jan 2026 | Blk 96 ALJUNIED CRES Floor 10 TO 12 | 484sqft | S$320,000 | ▲S$661 +34.3% vs FV | 99yr from 1979 |
Jan 2026 | Blk 46 CIRCUIT RD Floor 07 TO 09 | 452sqft | S$290,288 | ▲S$642 +30.5% vs FV | 99yr from 1971 |
Dec 2025 | Blk 52 CIRCUIT RD Floor 07 TO 09 | 484sqft | S$280,000 | ▲S$578 +17.5% vs FV | 99yr from 1969 |
Dec 2025 | Blk 39 CIRCUIT RD Floor 04 TO 06 | 506sqft | S$285,000 | ▲S$563 +14.4% vs FV | 99yr from 1971 |
Nov 2025 | Blk 32 BALAM RD Floor 01 TO 03 | 495sqft | S$288,000 | ▲S$582 +18.3% vs FV | 99yr from 1973 |
Nov 2025 | Blk 45 CIRCUIT RD Floor 01 TO 03 | 441sqft | S$310,000 | ▲S$702 +42.7% vs FV | 99yr from 1971 |
Nov 2025 | Blk 63 CIRCUIT RD Floor 04 TO 06 | 484sqft | S$290,000 | ▲S$599 +21.7% vs FV | 99yr from 1967 |
Nov 2025 | Blk 40 CIRCUIT RD Floor 01 TO 03 | 506sqft | S$300,888 | ▲S$595 +20.9% vs FV | 99yr from 1971 |
Blk 70 CIRCUIT RD
Apr 2026 · Floor 10 TO 12
+25.8% vs FV
Blk 70 CIRCUIT RD
Apr 2026 · Floor 10 TO 12
+25.8% vs FV
Blk 70 CIRCUIT RD
Apr 2026 · Floor 01 TO 03
+33.5% vs FV
Blk 96 ALJUNIED CRES
Jan 2026 · Floor 10 TO 12
+34.3% vs FV
Blk 46 CIRCUIT RD
Jan 2026 · Floor 07 TO 09
+30.5% vs FV
Blk 52 CIRCUIT RD
Dec 2025 · Floor 07 TO 09
+17.5% vs FV
Blk 39 CIRCUIT RD
Dec 2025 · Floor 04 TO 06
+14.4% vs FV
Blk 32 BALAM RD
Nov 2025 · Floor 01 TO 03
+18.3% vs FV
Blk 45 CIRCUIT RD
Nov 2025 · Floor 01 TO 03
+42.7% vs FV
Blk 63 CIRCUIT RD
Nov 2025 · Floor 04 TO 06
+21.7% vs FV
Blk 40 CIRCUIT RD
Nov 2025 · Floor 01 TO 03
+20.9% vs FV
HELIOS AI Analysis
The valuation of the HDB 2 Room unit in Geylang, with a remaining lease of 52 years, has been estimated at $73,725 or $492 PSF. This valuation remains stable with a market price showing a 0% difference from the baseline, indicating a balanced market environment where supply and demand are well-matched. The high model confidence, derived from an analysis of 41 recent HDB resale transactions in the vicinity, underscores the reliability of this valuation and the soundness of market trends in Geylang.
In the context of the broader HDB market, the remaining lease of 52 years is an important factor influencing buyer sentiment and investment potential. Geylang is known for its vibrant mix of residential and commercial activities, thus maintaining a steady interest among potential buyers. The current valuation reflects an equilibrium where market dynamics are stable, suggesting that the property remains a viable option for both owner-occupiers and investors looking to capitalize on the area's ongoing development and urbanization.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.