Blk 123 Paya Lebar Way
PAYA LEBAR WAY · GEYLANG · Singapore 381123 · D14
Median PSF · 12m
S$590
Median price · 12m
S$750K
Latest sale
S$750K
Jun 2026
1-year change
+2.7%
Sales · 12m
2
89 all time
Gross yield
5.51%
3 leases
Price history
How this development has traded
Median transacted price and price per square foot by quarter, from every sale on record here.
- Change over window
- +23.0%
- Annualised
- +7.8%
- Transactions
- 22
- 1 year
- +2.7%
- 3 years p.a.
- +5.7%
- 5 years p.a.
- +4.1%
- Median size
- 1,270 sqft
Against the neighbourhood
How it compares within D14
Geylang, Eunos, Paya Lebar. All figures are medians over the last 12 months for HDB flats in this district.
| Measure | Blk 123 Paya Lebar Way | D14 median | Difference |
|---|---|---|---|
| Median PSF | S$590 | S$644 | -8.3% |
| Median price | S$750K | S$715K | +4.9% |
| Gross rental yield | 5.51% | 6.40% | -0.9 pts |
| 1-year price change | +2.7% | +1.8% | +1.0 pts |
This development trades about 8% below the D14 median price per square foot.
Rental
Rent and yield
From HDB approved subletting contracts published on data.gov.sg.
Median monthly rent
S$3,800
Contracts · 12m
3
Implied annual rent
S$46K
Gross yield
5.51%
| Unit type | Contracts | Median rent |
|---|---|---|
| 5 ROOM | 3 | S$3,800 |
Investment analysis
Investment score 53 / 100
Each component is a percentile rank against every other HDB block in the database. This is an analytical indicator, not financial advice.
53/100
100% of the scoring weight measurable
Every bar is a percentile rank, so 70 means this development sits above roughly 70% of its peers on that factor. Factors we cannot measure are excluded and the remaining weights are rebalanced, rather than scored as zero.
- Supply riskweight 10%100
Upcoming units recorded in the same district. Higher score means less competing supply.
- Price momentumweight 18%76
Three-year annualised change in median PSF, or one year where three is unavailable.
- Valuationweight 22%67
How its median price per square foot compares with its own district.
- Locationweight 15%41
Distance to the nearest rail station, plus schools within 1 km. Nearest is Mattar MRT at 460 m.
- Rental yieldweight 20%25
Gross yield against every other development in its segment.
- Liquidityweight 15%20
Transactions in the last 12 months — how easily it trades.
The investment score is an analytical indicator computed from transaction and location data. It is not a recommendation, a forecast, or financial advice.
Location
Nearby amenities
Rail stations
- Mattar MRT460 m
- Aljunied MRT720 m
- Macpherson MRT780 m
- Macpherson Interchange MRT890 m
Schools within 2 km
- Canossa Catholic Primary Schoolprimary490 m
- Geylang Methodist School (Secondary)secondary (s1-s5)570 m
- Geylang Methodist School (Primary)primary580 m
- Kong Hwa Schoolprimary1.4 km
- Cedar Girls' Secondary Schoolsecondary (s1-s4)1.6 km
- Cedar Primary Schoolprimary1.7 km
Distances are straight-line. Proximity does not determine school admission eligibility.
Supply
Upcoming competition
- THE CONTINUUMHoi Hup Sunway Katong Pte Ltd816 units1.9 km
- The ContinuumHoi Hup Sunway Katong Pte Ltd · TOP 2027816 units1.9 km
High upcoming supply nearby may increase competition for tenants and buyers.
The record
Transactions at this development
| Month | Type | Price | Size | PSF | Floor | Lease left |
|---|---|---|---|---|---|---|
| Jun 2026 | 5 ROOM | S$750,000 | 1,270 sqft | S$590 | 19 TO 21 | 53 yr 3 mo |
| Jun 2026 | 5 ROOM | S$750,000 | 1,270 sqft | S$590 | 19 TO 21 | 53 yr 3 mo |
| Oct 2025 | 5 ROOM | S$730,000 | 1,270 sqft | S$575 | 19 TO 21 | 53 yr 10 mo |
| Oct 2025 | 5 ROOM | S$730,000 | 1,270 sqft | S$575 | 19 TO 21 | 53 yr 10 mo |
| Aug 2024 | 5 ROOM | S$670,000 | 1,270 sqft | S$528 | 04 TO 06 | 55 yr 1 mo |
| Aug 2024 | 5 ROOM | S$670,000 | 1,270 sqft | S$528 | 04 TO 06 | 55 yr 1 mo |
| Jul 2024 | 5 ROOM | S$736,000 | 1,270 sqft | S$579 | 13 TO 15 | 55 yr 2 mo |
| Jul 2024 | 5 ROOM | S$736,000 | 1,270 sqft | S$579 | 13 TO 15 | 55 yr 2 mo |
| Jul 2023 | 5 ROOM | S$628,000 | 1,270 sqft | S$494 | 01 TO 03 | 56 yr 3 mo |
| Jul 2023 | 5 ROOM | S$628,000 | 1,270 sqft | S$494 | 01 TO 03 | 56 yr 3 mo |
| Apr 2023 | 5 ROOM | S$665,000 | 1,270 sqft | S$524 | 13 TO 15 | 56 yr 5 mo |
| Apr 2023 | 5 ROOM | S$665,000 | 1,270 sqft | S$524 | 13 TO 15 | 56 yr 5 mo |
| Feb 2023 | 5 ROOM | S$635,000 | 1,270 sqft | S$500 | 04 TO 06 | 56 yr 7 mo |
| Feb 2023 | 5 ROOM | S$635,000 | 1,270 sqft | S$500 | 04 TO 06 | 56 yr 7 mo |
| Dec 2022 | 5 ROOM | S$635,000 | 1,270 sqft | S$500 | 01 TO 03 | 56 yr 10 mo |
| Dec 2022 | 5 ROOM | S$635,000 | 1,270 sqft | S$500 | 01 TO 03 | 56 yr 10 mo |
| Aug 2022 | 5 ROOM | S$630,000 | 1,270 sqft | S$496 | 04 TO 06 | 57 yr 1 mo |
| Aug 2022 | 5 ROOM | S$630,000 | 1,270 sqft | S$496 | 04 TO 06 | 57 yr 1 mo |
| Feb 2022 | 5 ROOM | S$645,000 | 1,270 sqft | S$508 | 04 TO 06 | 57 yr 7 mo |
| Feb 2022 | 5 ROOM | S$645,000 | 1,270 sqft | S$508 | 04 TO 06 | 57 yr 7 mo |
| Nov 2021 | 5 ROOM | S$650,000 | 1,270 sqft | S$512 | 07 TO 09 | 57 yr 10 mo |
| Apr 2021 | 5 ROOM | S$610,000 | 1,270 sqft | S$480 | 10 TO 12 | 58 yr 5 mo |
| Mar 2021 | 5 ROOM | S$615,000 | 1,270 sqft | S$484 | 04 TO 06 | 58 yr 6 mo |
| Apr 2020 | 5 ROOM | S$588,000 | 1,270 sqft | S$463 | 04 TO 06 | 59 yr 5 mo |
| May 2019 | 5 ROOM | S$610,000 | 1,270 sqft | S$480 | 13 TO 15 | 60 yr 4 mo |
| Oct 2018 | 5 ROOM | S$645,888 | 1,270 sqft | S$509 | 07 TO 09 | 60 yr 10 mo |
| Aug 2018 | 5 ROOM | S$640,000 | 1,270 sqft | S$504 | 19 TO 21 | 61 yrs |
| Oct 2017 | 5 ROOM | S$590,000 | 1,270 sqft | S$465 | 04 TO 06 | 61 yr 10 mo |
| Aug 2016 | 5 ROOM | S$590,000 | 1,270 sqft | S$465 | 16 TO 18 | 63 yrs |
| Apr 2016 | 5 ROOM | S$605,000 | 1,270 sqft | S$476 | 13 TO 15 | 63 yrs |
| Jan 2016 | 5 ROOM | S$517,000 | 1,270 sqft | S$407 | 04 TO 06 | 63 yrs |
| Jul 2015 | 5 ROOM | S$580,000 | 1,270 sqft | S$457 | 13 TO 15 | 64 yrs |
| Apr 2015 | 5 ROOM | S$562,500 | 1,270 sqft | S$443 | 04 TO 06 | 64 yrs |
| Jan 2015 | 5 ROOM | S$590,000 | 1,270 sqft | S$465 | 19 TO 21 | 64 yrs |
| Aug 2014 | 5 ROOM | S$560,000 | 1,270 sqft | S$441 | 13 TO 15 | 64 yr 5 mo |
| Apr 2014 | 5 ROOM | S$535,000 | 1,270 sqft | S$421 | 01 TO 03 | 64 yr 9 mo |
| Sep 2013 | 5 ROOM | S$565,000 | 1,270 sqft | S$445 | 07 TO 09 | 65 yr 4 mo |
| Jul 2013 | 5 ROOM | S$567,000 | 1,270 sqft | S$446 | 10 TO 12 | 65 yr 6 mo |
| May 2013 | 5 ROOM | S$558,000 | 1,270 sqft | S$439 | 07 TO 09 | 65 yr 8 mo |
| May 2012 | 5 ROOM | S$556,000 | 1,270 sqft | S$438 | 06 TO 10 | 66 yr 8 mo |
Showing the 40 most recent of 89 recorded transactions.
Alternatives
Comparable developments nearby
Within 1.5 km, same segment, with recorded activity in the last 12 months.
Blk 124 Paya Lebar Way
S$596
—4 sales5.5% yield
Blk 122 Paya Lebar Way
S$539
-5.5%6 sales6.9% yield
Blk 121 Paya Lebar Way
S$533
+0.5%16 sales8.0% yield
Blk 120 Paya Lebar Way
S$587
—2 sales6.4% yield
Blk 126 Aljunied Rd
S$608
-3.4%6 sales5.8% yield
Blk 125 Aljunied Rd
S$613
—4 sales5.9% yield
Blk 99 Aljunied Cres
S$553
+0.1%8 sales7.5% yield
Blk 101 Aljunied Cres
S$549
-12.0%6 sales8.1% yield
Important
Property values shown are estimates generated from available transaction and market data and are not official valuations. Actual transaction prices may differ. Data availability and accuracy depend on the underlying source datasets. Users should conduct their own due diligence and seek professional advice where appropriate.