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Block 122 Geylang East Central

4 Room · Built 1982 · 56 years remaining lease · Updated Jul 2024 MOP Cleared

Block 122 Geylang East Central has 25 recorded HDB resale transactions since 2017. Latest sale: $665,000 (Jul 2024, 4 room, floors 10–12). Median $5,879/sqm. Built 1982, 56 years lease remaining.

Latest Sale
$665,000
Jul 2024 · 4 ROOM · Floor 10-12
Median $/sqm
$5,879
Based on 25 transactions
Total Transactions
25
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 41%
#103 / 253 Top 41%
Latest Sale ?
Top 38%
#96 / 253 Top 38%
Value ($/sqm) ?
Top 29%
#73 / 253 Top 29%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.58%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 56 years remaining 99 years
56 years 11 months
Remaining lease
↓ 0.58%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 56 years remaining, decay is gradual (~0.58%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Geylang average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,550 typically $3,200–$3,900 6.1% Geylang avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 2 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
2 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 122 Geylang East Central in Geylang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Geylang
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Jul 2024 10 TO 12 4 ROOM 91 sqm $665,000 $7,308
Nov 2023 10 TO 12 4 ROOM 91 sqm $650,000 $7,143
Jun 2023 04 TO 06 4 ROOM 91 sqm $560,000 $6,154
Feb 2023 07 TO 09 4 ROOM 91 sqm $589,000 $6,473
Feb 2023 10 TO 12 4 ROOM 91 sqm $595,000 $6,538
Dec 2022 07 TO 09 4 ROOM 91 sqm $575,000 $6,319
Nov 2022 04 TO 06 4 ROOM 92 sqm $608,000 $6,609
May 2022 07 TO 09 4 ROOM 91 sqm $570,000 $6,264
May 2022 07 TO 09 4 ROOM 91 sqm $570,000 $6,264
Apr 2022 10 TO 12 4 ROOM 91 sqm $600,000 $6,593
Apr 2022 07 TO 09 4 ROOM 91 sqm $608,000 $6,681
Sep 2021 01 TO 03 4 ROOM 92 sqm $488,000 $5,304
May 2021 04 TO 06 4 ROOM 91 sqm $450,000 $4,945
Dec 2020 10 TO 12 4 ROOM 91 sqm $530,000 $5,824
Nov 2020 07 TO 09 4 ROOM 91 sqm $540,000 $5,934
Oct 2020 04 TO 06 4 ROOM 91 sqm $488,000 $5,363
Oct 2020 10 TO 12 4 ROOM 91 sqm $522,000 $5,736
Feb 2020 04 TO 06 4 ROOM 91 sqm $492,000 $5,407
Aug 2019 07 TO 09 4 ROOM 91 sqm $488,000 $5,363
May 2019 10 TO 12 4 ROOM 92 sqm $500,000 $5,435
Showing 20 of 25 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 122 Geylang East Central

Block 122 Geylang East Central is an ageing-lease HDB block in Geylang, built in 1982 with about 56 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median runs about 13% above the Geylang median, ahead of around 60% of the town's blocks. It has a regular flow of resale activity, with 25 transactions since 2017 across 4 room flats priced from $450,000 to $665,000. The most recent transaction was a 4 room flat on storeys 10 TO 12 at $665,000 in Jul 2024, and the median works out to $5,879/sqm. Floor level matters here: units on the higher 10 TO 12 band have sold around 15% above those on the 04 TO 06 band. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 122 Geylang East Central worth?

The most recent resale transaction at Block 122 Geylang East Central was $665,000 for a 4 room flat in 2024-07. The median price per square metre across all flat types is $5,879, based on 25 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 122 Geylang East Central?

Block 122 Geylang East Central was built in 1982 and has approximately 56 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.58%, meaning the leasehold value decreases by approximately 0.58% per year at the current remaining lease.

What flat types are available at Block 122 Geylang East Central?

Block 122 Geylang East Central in Geylang contains 4 room flats. Resale prices range from $450,000 to $665,000 based on historical transaction records from data.gov.sg.

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