CommercialCOMMERCIALDistrict 14 · Geylang

Paya Lebar Quarter

Reviewed by Nathan TangUpdated 8 November 2026
Quick Summary

Paya Lebar Quarter is a commercial building in District 14 · Geylang, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 4.2. 7 units are currently listed for rent. ACRA records 20 live company registrations at this address.

1

What are the key facts about Paya Lebar Quarter?

Key takeawayPaya Lebar Quarter is a commercial building in District 14 · Geylang, zoned COMMERCIAL.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
4.2
Tenure
Not on record
District / Area
District 14 · Geylang
Address
10 Paya Lebar Road
Land area
20,694 sqm
Completed
Not on record
Storeys
18 (© OpenStreetMap contributors)
Strata units (MCST)
437
Managing agent
LENDLEASE RETAIL PTE. LTD.
Strata formed
2022
Owner
Lendlease Global Commercial REIT (SGX filings)
Net lettable area
317,350 sq ft (the owner's SGX filings)
Car-park lots
343 (the owner's annual report (as filed on SGX))
Submarket
Paya Lebar Central
Listed as
Office, Food & Beverage
Transactions on record
None recorded
Live listings
7
ACRA registrations
20

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

Who owns Paya Lebar Quarter, and what is it valued at?

Key takeawayPaya Lebar Quarter is owned by Lendlease Global Commercial REIT, a REIT listed on SGX. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.
PLQ Mall
Valued at S$907 million as at 30 Jun 2026, by CBRE Pte Ltd.
Inclusive of Plaza kiosks and level 1 retail shops at 2 Paya Lebar Road under Park Place Residences at Paya Lebar Quarter.
PLQ Mall: Lendlease Global Commercial REIT's annual report (2026)
Committed occupancy
96.3% (as of 30 Jun 2026)
Occupancy
96.3% (as of 30 Jun 2026)
Tenants
195
Car-park lots
343
Land tenure
leasehold
Whole-building deals
  1. Announced 25 Feb 2026
    DBS Trustee Limited bought a 30% interest in PLQ Mall for S$100.8 million (total consideration payable under the upa) from LL PLQM 1 Pte. Ltd..
    At the time: NLA 317,350 sq ft · occupancy 99.4% (Jan 2026) · WALE 2.2 years
  2. Announced 5 Nov 2025 · completed 27 Nov 2025
    DBS Trustee Limited, in its capacity as trustee of Lendlease REIT bought a 70% interest in PLQ Mall for S$885 million (agreed property value) from Seller.
    At the time: NLA 317,350 sq ft · occupancy 99.7% · WALE 2.5 years

Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.

3

About Paya Lebar Quarter

Paya Lebar Quarter is a commercial building in Geylang (District 14). It is located along Paya Lebar Road, Singapore 409057.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 4.2.

It occupies roughly 20,694 sqm of land with about 168,727 sqm of gross floor area.

22 businesses are currently registered at this address with ACRA.

The nearest MRT is Paya Lebar MRT, 166 m away (about a 3-minute walk). The closest bus stop (Paya Lebar Stn Exit D) is 83 m away (about a 1-minute walk). Paya Lebar Quarter is 221 m away (about a 4-minute walk).

4

What is Paya Lebar Quarter zoned as?

Key takeawayPaya Lebar Quarter sits on land zoned COMMERCIAL with a gross plot ratio of 4.2.
Land-use zone
COMMERCIAL
Gross plot ratio
4.2
Urban design area
Paya Lebar Central

Run the full zoning report for this building →

5

What does space at Paya Lebar Quarter rent for?

Key takeawayNo rent is published for Paya Lebar Quarter itself. On its street, Paya Lebar Road, retail space rented at a median of $20.49 psf a month in 2026Q3, with the middle half of leases between $15.06 and $26.42. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Paya Lebar Road

Street level · 2026Q3
25th pct
$15.06
$162.09 psm
Median
$20.49
$220.58 psm
75th pct
$26.42
$284.38 psm

S$ per sq ft per month · median -5.9% on a year earlier

2023Q4 · $212.79 psm2026Q3 · $220.58 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Office space on Paya Lebar Road

Street level · 2026Q3
25th pct
$6.40
$68.92 psm
Median
$6.62
$71.25 psm
75th pct
$6.92
$74.47 psm

S$ per sq ft per month · median -2.8% on a year earlier

2023Q4 · $69.15 psm2026Q3 · $71.25 psm median

URA's percentiles of OFFICE rents across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. URA publishes a median only where the street has at least 2 office buildings and 3 contracts that quarter (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 14 retail

Region band · 2026Q3
25th pct
$7.49
$80.67 psm
Median
$10.45
$112.50 psm
75th pct
$12.53
$134.91 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 14 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

6

Market context around Paya Lebar Quarter

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.
CBRE, 2Q 2026
  • Suburban: Rent S$32.95 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026
  • Suburban: Rent S$33.36 psf/mth · Vacancy 5.7% (1Q 2026) · Planned / under construction 1.53m sq ft
Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

7

How fast units move at Paya Lebar Quarter

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 7 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 1 new listing appeared and 2 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

8

What's been approved at Paya Lebar Quarter?

Key takeawayURA has approved 35 changes of use at Paya Lebar Quarter since 2000, most recently in 2026. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
  1. 29 Jul 2026Approved
    Additions & alterations

    Proposed amendment to the approved addition and alteration at 2nd storey of the existing paya lebar quarter mall on lot 07373t mk23 at 10 paya lebar road

  2. 5 Feb 2026ApprovedFloor 1
    Change of use to restaurant

    Proposed change of use of unit #01-XX to restaurant

  3. 21 Jan 2026RenewedFloor 5
    Continued use as karaoke lounge

    Continued use of shop unit #05-XX as karaoke lounge at existing paya lebar quarter

  4. 1 Dec 2025Approved
    Additions & alterations

    Proposed addition and alteration at 2nd storey of the existing paya lebar quarter mall on lot 07373t mk23 at 10 paya lebar road (geylang planning area)

  5. 27 Nov 2025RenewedFloor B1
    Continued use as massage establishment

    Continued use of unit #B1-XX as massage establishment (beauty salon & spa) at paya lebar quarter

  6. 31 Oct 2025ApprovedFloor 3
    Change of use to medical clinic

    Proposed change of use of shop unit #03-XX to medical clinic

  7. 11 Sept 2025RenewedFloor 4
    Continued use as massage establishment

    Continued use of unit #04-XX as massage establishment at existing paya lebar quarter (geylang planning area)

  8. 5 Sept 2025RenewedFloor 5
    Continued use as amusement centre

    Proposed continued use of unit #05-XX as amusement centre at existing paya lebar quarter (geylang planning area)

  9. 6 Aug 2025RenewedFloor B1
    Continued use as massage establishment

    Proposed continued use of unit #B1-XX as massage establishment at existing paya lebar quarter

  10. 7 Oct 2024RenewedFloor 3
    Continued use as restaurant and bar

    Continued use of units #03-XX, #03-XX and #03-XX as restaurant and bar at existing paya lebar quarter

  11. 27 Sept 2024RenewedFloor 1
    Continued use as restaurant cum bar with ancillary live entertainment

    Continued use of unit #01-XX from approved restaurant to restaurant cum bar with ancillary live entertainment at existing paya lebar quarter

  12. 13 Aug 2024RenewedFloor 3
    Continued use as amusement centre

    Continued use of shop units #03-XX and #03-XX as amusement centre at paya lebar quarter

38 earlier change-of-use and A&A decisions are on record since 2000.

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

9

How does Paya Lebar Road price?

Key takeawayAcross 105 strata sales on Paya Lebar Road in the last 5 years, the median is $2,209 psf.
Strata sales on the street (5y)
105
Street median PSF (strata)
$2,209

Street figures cover strata deals only — land and strata PSF are not comparable.

10

What do commercial rents run near Paya Lebar Quarter?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 14 retail

Gross yield (area)
5.1%
4.5% net of property tax
Rent side (median of bands)
$112.50 psm/mo
2026Q3
Price side (strata, 5y)
$2,480 psf
106 sales

An INDICATIVE AREA yield for District 14 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 14 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$60.26$68.83$77.30
B1 & Below · 30 & Below$52.94$76.47$130.25
Level 1 · 30 & Below$85.00$125.00$205.26
Level 2 & 3 · >30 - 100$71.17$84.43$161.43
Level 1 · >30 - 100$80.67$127.33$161.46
Level 4 & Above · >30 - 100$69.97$74.47$74.91
B1 & Below · >30 - 100$104.10$206.00$256.12
Level 2 & 3 · >100 - 300$101.65$112.97$180.02

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

11

What is available at Paya Lebar Quarter right now?

Key takeaway7 units are currently listed at Paya Lebar Quarter. One row per unit; several agents often market the same unit.

For rent (7)

  • Paya Lebar QuarterS$31k/mo · 3,600 sqft
  • Paya Lebar QuarterS$11k/mo · 323 sqft
  • Paya Lebar QuarterS$19k/mo · 1,100 sqft
  • Paya Lebar QuarterS$218k/mo · 23,708 sqft

Browse every listing at this building →

12

What is near Paya Lebar Quarter?

Key takeawayThe nearest MRT/LRT is Paya Lebar MRT, about 166 m away.

Getting around

Amenities nearby

Paya Lebar Stn Exit D · 83 mPaya Lebar MRT Exit F · 101 mGuillemard Rd Os · 148 mEducational Institution · 160 mPlace Of Worship · 188 mCold Storage Singapore (1983) Pte Ltd · 190 mPaya Lebar Quarter · 221 mMindchamps Medical Clinic · 231 mHotel · 262 mBlks 13/14 Haig Road · 326 m

Straight-line distances. Source: PropKaki amenities data.

13

Getting there and parking at Paya Lebar Quarter

Key takeawayThe nearest station is Paya Lebar (EW8 / CC9), 101 m away — one of the busiest stations, with about 95,000 taps in and out on an average weekday. 14 public car parks are within 500 m.
Foot traffic: busier than 94% of retail buildings

nearest MRT/LRT Paya Lebar (EW8/CC9) 101 m, about 95,000 taps a weekday; 1 more station within 1 km; bus stops within 400 m: 15, about 50,000 taps a weekday; Geylang: 116,481 resident workers (Census 2020, by workplace); about 42,000 residents within 1 km (June 2026); 4 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.

Stations within 1 km

  • Paya Lebar (EW8 / CC9)101 m · about 95,000 weekday taps
  • Dakota (CC8)870 m · about 16,000 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Paya Lebar Quarter. Transfers between lines don't tap, so interchanges read low.

Bus

15 bus stops within 400 m, with about 50,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Lor 41 Geylang (URA)157 m
    S$0.60 per half-hour at midday on a weekday · 44 car lots
  • Guillemard Rd (URA)204 m
    S$0.60 per half-hour at midday on a weekday · 8 car lots
  • Lor 39 Geylang (URA)224 m
    S$0.60 per half-hour at midday on a weekday · 19 car lots
  • Lor 39 Service Rd Geyl Ang (URA)260 m
    S$0.60 per half-hour at midday on a weekday · 5 car lots
  • Service Rd (Lor 44 Gey Lang) (URA)274 m
    S$0.60 per half-hour at midday on a weekday · 5 car lots

Nearest URA season parking: Tanjong Katong Rd Off St, 1.1 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. Paya Lebar Quarter's own car park, if it has one, and its charges are not in the open data.

14

Who's registered at Paya Lebar Quarter?

Key takeaway20 live companies (and LLPs and branches; sole proprietors are not counted) list Paya Lebar Quarter as their registered address. These are registered businesses, not who occupies the space.
  • Accommodation and food services
    10
  • Wholesale and retail trade
    3
  • Other services
    2
  • Information and communications
    2
  • Health and social services
    2
  • Education
    1

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

15

Frequently asked questions about Paya Lebar Quarter

Where is Paya Lebar Quarter?⌄

Paya Lebar Quarter is at 10 Paya Lebar Road, Singapore 409057, in the Geylang planning area.

What is Paya Lebar Quarter zoned as?⌄

Paya Lebar Quarter sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 4.2.

Have there been any recorded transactions at Paya Lebar Quarter?⌄

No caveats have been lodged for Paya Lebar Quarter in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to Paya Lebar Quarter?⌄

Paya Lebar MRT is the closest, 166 m away (about a 3-minute walk).

How many businesses are registered at Paya Lebar Quarter?⌄

22 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

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