Block 121 Paya Lebar Way

3 Room · 4 Room · Built 1980 · 53 years remaining lease MOP Cleared
Latest Sale
$525,000
Feb 2026 · 4 ROOM · #10-12
Median $/sqm
$4,385
Based on 62 transactions
Total Transactions
62
Since Jan 2017
5-Year Trend
▲ +43.6%
Median price change
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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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 53 years remaining 99 years
53 years 7 months
Remaining lease
↓ 0.66%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 53 years remaining, decay is gradual (~0.66%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Feb 2026 10 TO 12 4 ROOM 93 sqm $525,000 $5,645
Dec 2025 07 TO 09 4 ROOM 91 sqm $532,000 $5,846
Nov 2025 01 TO 03 4 ROOM 91 sqm $500,000 $5,495
Nov 2025 01 TO 03 4 ROOM 91 sqm $520,000 $5,714
May 2025 04 TO 06 4 ROOM 91 sqm $514,000 $5,648
Mar 2025 10 TO 12 4 ROOM 91 sqm $550,000 $6,044
Mar 2025 04 TO 06 4 ROOM 91 sqm $520,000 $5,714
Feb 2025 10 TO 12 4 ROOM 93 sqm $543,000 $5,839
Feb 2025 10 TO 12 4 ROOM 91 sqm $600,000 $6,593
Jan 2025 07 TO 09 4 ROOM 91 sqm $513,000 $5,637
Dec 2024 01 TO 03 4 ROOM 91 sqm $480,000 $5,275
Nov 2024 07 TO 09 4 ROOM 92 sqm $530,000 $5,761
Oct 2024 01 TO 03 3 ROOM 68 sqm $410,000 $6,029
Sep 2024 07 TO 09 4 ROOM 91 sqm $498,000 $5,473
Jun 2024 01 TO 03 4 ROOM 93 sqm $510,000 $5,484
Jun 2024 04 TO 06 4 ROOM 91 sqm $535,000 $5,879
Feb 2024 04 TO 06 4 ROOM 91 sqm $480,000 $5,275
Feb 2024 10 TO 12 4 ROOM 91 sqm $565,000 $6,209
Nov 2023 04 TO 06 4 ROOM 92 sqm $520,000 $5,652
Jun 2023 10 TO 12 4 ROOM 93 sqm $508,000 $5,462
Showing 20 of 62 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 121 Paya Lebar Way

Block 121 at Paya Lebar Way is a residential HDB block in Geylang, Singapore, built in 1980 with approximately 53 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $255,000 to $600,000 based on 62 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 10 TO 12 sold for $525,000 in 2026-02. The current median price per square metre is $4,385. Over the past five years, resale prices at this block have increased by approximately 43.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8417, with an annual lease decay rate of approximately 0.66%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 121 Paya Lebar Way worth?

The most recent resale transaction at Block 121 Paya Lebar Way was $525,000 for a 4 room flat in 2026-02. The median price per square metre across all flat types is $4,385, based on 62 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 121 Paya Lebar Way?

Block 121 Paya Lebar Way was built in 1980 and has approximately 53 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.66%, meaning the leasehold value decreases by approximately 0.66% per year at the current remaining lease.

What flat types are available at Block 121 Paya Lebar Way?

Block 121 Paya Lebar Way in Geylang contains 3 room, 4 room flats. Resale prices range from $255,000 to $600,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 121 Paya Lebar Way gone up or down?

Resale prices at Block 121 Paya Lebar Way have increased by approximately 43.6% over the past five years. The current median price is $398,000, with the most recent sale at $525,000 in 2026-02.

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