Block 124 Paya Lebar Way
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Nov 2022 | 07 TO 09 | 5 ROOM | 118 sqm | $655,000 | $5,551 |
| Jul 2022 | 16 TO 18 | 5 ROOM | 118 sqm | $725,000 | $6,144 |
| Dec 2021 | 01 TO 03 | 5 ROOM | 118 sqm | $621,500 | $5,267 |
| Jul 2019 | 10 TO 12 | 5 ROOM | 118 sqm | $638,000 | $5,407 |
About Block 124 Paya Lebar Way
Block 124 at Paya Lebar Way is a residential HDB block in Geylang, Singapore, built in 1980 with approximately 56 years remaining on its 99-year lease. The block contains 5 room flats, with resale prices ranging from $621,500 to $725,000 based on 4 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $655,000 in 2022-11. The current median price per square metre is $5,479. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8589, with an annual lease decay rate of approximately 0.58%. 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 124 Paya Lebar Way worth?
The most recent resale transaction at Block 124 Paya Lebar Way was $655,000 for a 5 room flat in 2022-11. The median price per square metre across all flat types is $5,479, based on 4 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 124 Paya Lebar Way?
Block 124 Paya Lebar Way was built in 1980 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 124 Paya Lebar Way?
Block 124 Paya Lebar Way in Geylang contains 5 room flats. Resale prices range from $621,500 to $725,000 based on historical transaction records from data.gov.sg.