CommercialCOMMERCIALLeaseholdDistrict 14 · Geylang

Paya Lebar Square

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2026
Quick Summary

Paya Lebar Square 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. It is leasehold with roughly 84 years remaining. 686 transactions are on record since 1995, most recently in Jul 2026. 90 units are currently listed for sale or rent. ACRA records 20,972 live company registrations at this address.

1

What are the key facts about Paya Lebar Square?

Key takeawayPaya Lebar Square is a commercial building in District 14 · Geylang, zoned COMMERCIAL, held leasehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
4.2
Tenure
Leasehold
District / Area
District 14 · Geylang
Address
60 Paya Lebar Road
Land area
14,852 sqm
Transactions on record
686 (records start 1995)
Live listings
90
ACRA registrations
20,972
2

About Paya Lebar Square

Paya Lebar Square is a commercial building in Geylang (District 14). It is located along Paya Lebar Road, Singapore 409051.

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

The site is leasehold, with about 84 years remaining on the lease. It occupies roughly 14,852 sqm of land with about 62,376 sqm of gross floor area.

686 transactions have been recorded here, at a median of S$1,826 psf. The most recent was in July 2026.

20,972 businesses are currently registered at this address with ACRA.

The nearest MRT is Paya Lebar MRT, 178 m away (about a 3-minute walk). The closest bus stop (Paya Lebar Stn Exit B) is 57 m away (about a 1-minute walk).

3

What is Paya Lebar Square zoned as?

Key takeawayPaya Lebar Square 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
BCA-verified envelope: allowable GFA 62,378 sqm · built 61,153 sqm · headroom 1,225 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has Paya Lebar Square sold for?

Key takeawayAcross 686 recorded transactions since 1995, the median price is about S$1.10M, most recently in Jul 2026.
DateUsePriceAreaPSF
Jul 2026OfficeS$2.42M1,012 sqft$2,388
Jun 2026OfficeS$3.08M1,356 sqft$2,271
Jun 2026OfficeS$1.26M549 sqft$2,295
May 2026OfficeS$1.25M484 sqft$2,581
Mar 2026OfficeS$1.69M721 sqft$2,343
Mar 2026OfficeS$1.41M635 sqft$2,217
Feb 2026OfficeS$1.20M538 sqft$2,230
Jan 2026OfficeS$1.20M538 sqft$2,230
Jan 2026OfficeS$1.20M538 sqft$2,230
Dec 2025OfficeS$1.41M635 sqft$2,220

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.

5

How does Paya Lebar Road price?

Key takeawayAcross 110 strata sales on Paya Lebar Road in the last 5 years, the median is $2,189 psf.
Strata sales on the street (5y)
110
Street median PSF (strata)
$2,189

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

6

What do commercial rents run near Paya Lebar Square?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 14 retail

Gross yield (area)
4.4%
3.9% net of property tax
Rent side (median of bands)
$96.97 psm/mo
2026Q2
Price side (strata, 5y)
$2,475 psf
113 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, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$82.14$95.00$145.45
B1 & Below · 30 & Below$41.18$58.82$72.93
Level 2 & 3 · 30 & Below$59.62$65.22$74.50
Level 1 · >30 - 100$65.33$78.20$116.05
Level 2 & 3 · >30 - 100$54.07$96.97$174.25
Level 4 & Above · >30 - 100$114.92$138.10$233.82
B1 & Below · >30 - 100$159.63$224.93$312.51
Level 1 · >100 - 300$69.58$102.84$157.15

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.

7

What is available at Paya Lebar Square right now?

Key takeaway90 units are currently listed at Paya Lebar Square46 for sale and 44 for rent. One row per unit; several agents often market the same unit.

For sale (46)

  • Paya Lebar SquareS$1.22M · 506 sqft
  • Paya Lebar SquareS$2.10M · 872 sqft
  • Paya Lebar SquareS$1.32M · 538 sqft
  • Paya Lebar SquareS$2.45M · 958 sqft

For rent (44)

  • Paya Lebar Square2 agentsS$4k/mo · 506 sqft
  • Paya Lebar Square2 agentsS$7k/mo · 1,066 sqft
  • Paya Lebar Square2 agentsS$4k/mo · 549 sqft
  • Paya Lebar SquareS$900/mo · 80 sqft

Browse every listing at this building →

8

What is near Paya Lebar Square?

Key takeawayThe nearest MRT/LRT is Paya Lebar MRT, about 178 m away — and 2 competing retail premisess operate nearby.

Getting around

Amenities nearby

Phoenix Medical Group (Paya Lebar) · 40 mPaya Lebar Stn Exit B · 57 mPaya Lebar MRT Exit B · 66 mPlace Of Worship · 142 mEducational Institution · 220 mHotel · 241 mGuillemard Rd Os · 475 mGeylang Serai Community Club · 549 mGeylang Polyclinic · 607 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Cold Storage Singapore (1983) Pte Ltd · 0 mBlks 13/14 Haig Road · 531 m

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Paya Lebar Square?

Key takeawayACRA records 20,972 live company registrations at this address, 13,251 of them in the last three years.
Live registrations
20,972
Registered last 3 years
13,251
Most common type
Local Company

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

10

What is Paya Lebar Square's BCA building profile?

BCA building type
Office
Green Mark
GoldPlus (2013)
Energy use intensity
243 kWh/m²·yr
11

Frequently asked questions about Paya Lebar Square

Where is Paya Lebar Square?

Paya Lebar Square is at 60 Paya Lebar Road, Singapore 409051, in the Geylang planning area.

What is Paya Lebar Square zoned as?

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

What is the tenure of Paya Lebar Square?

Paya Lebar Square is leasehold. About 84 years remain on the lease.

What have units at Paya Lebar Square sold for?

Across 686 recorded transactions, the median price is S$1,826 psf. The latest was in July 2026.

What is the nearest MRT station to Paya Lebar Square?

Paya Lebar MRT is the closest, 178 m away (about a 3-minute walk).

How many businesses are registered at Paya Lebar Square?

20,972 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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