FreeholdRCRDistrict 14 (Geylang)

Paya Lebar Residences

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 2026 (URA)
Quick Summary

Paya Lebar Residences is a freehold apartment in District 14 (Geylang) that obtained TOP in 2002, with 117 units across 1 block. Across 181 transactions on record, units have recently transacted around S$2.09M (S$1,803 psf, ~1,281 sqft). There are 3 units for sale from S$2.50M to S$2.50M.

Key facts about Paya Lebar Residences
TenureFreehold
TOP year2002
DeveloperHILLWOOD DEVELOPMENT PTE LTD / HOI HUP REALTY PTE LTD
Units117 in 1 block
District and areaDistrict 14 · Geylang · RCR
Nearest MRTPaya Lebar MRT, 93 m (~1 min walk)
Latest median psfS$1,803 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at Paya Lebar Residences?

Key Takeaway

Paya Lebar Residences has 3 units listed for sale, asking S$2.50M to S$2.50M (median S$1,936 psf), and 7 units for rent at a median of S$2,000 a month.

For sale

3 listings

S$2.50M – S$2.50M

For rent

7 listings

S$1,500 – S$5,100 a month

BedroomsFor saleAsking priceMedian PSF
3-bedroom3S$2.50M–S$2.50MS$1,936 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Paya Lebar Residences?

Key Takeaway

Floor plans for Paya Lebar Residences aren't in PropKaki's library yet. Across 181 URA caveats, units range from 872 sqft to 1,302 sqft, and the middle half are 947 sqft to 1,281 sqft.

Unit typeSizes listed for saleAsking from
3-bedroom1,291 sqftS$2.50M · S$1,936 psf

Check the Floor Plan Finder for Paya Lebar Residences →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Paya Lebar Residences?

Key Takeaway

Units have recently transacted around S$2.09M (S$1,803 psf), at a gross rental yield of about 1.9% (URA caveat data).

Recent median price

S$2.09M

recent · 181 sales on record

Median PSF

S$1,803 psf

recent transactions

Median rent (monthly)

S$3,385

482 rentals on record

Gross rental yield

1.9%

indicative, gross

Units currently for sale are asking a median of S$1,936 psf — about 7% above the most recent transacted PSF.

Source: URA caveat data, through Aug 2026.

4

What has recently sold at Paya Lebar Residences?

Key Takeaway

Paya Lebar Residences has 181 recorded sales; the most recent transacted at S$2,390,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$2,390,0001,281S$1,866 psf
Nov 2025S$2,350,0001,302S$1,804 psf
Oct 2025S$1,760,000947S$1,858 psf
Jul 2025S$2,350,0001,302S$1,804 psf
Mar 2025S$2,308,0001,281S$1,802 psf
Dec 2024S$1,668,000872S$1,913 psf
Sept 2024S$2,310,0001,281S$1,803 psf
Apr 2024S$2,320,0001,281S$1,811 psf
Dec 2023S$2,090,0001,281S$1,632 psf
Aug 2022S$2,088,0001,302S$1,603 psf
Sept 2021S$1,428,000947S$1,508 psf
Jul 2021S$1,580,0001,087S$1,453 psf

181 sales and 482 rentals on record since May 1999. Source: URA.

5

Are prices at Paya Lebar Residences rising?

Key Takeaway

The median transacted PSF at Paya Lebar Residences has risen 146% over the past 16 years (20092025), from S$732 psf to S$1,804 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$1,804 psfS$2.31M4-0.4%
2024S$1,811 psfS$2.31M3+29.3%
2021S$1,401 psfS$1.58M4+9.2%
2019S$1,283 psfS$1.12M2+5.2%
2018S$1,220 psfS$1.48M4+10.4%
2017S$1,105 psfS$1.05M2+2.5%
2015S$1,078 psfS$1.19M5+7.6%
2011S$1,002 psfS$1.17M8+4.4%
2010S$960 psfS$1.03M11+31.1%
2009S$732 psfS$810k6

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Paya Lebar Residences a good investment?

Key Takeaway

Of 64 units at Paya Lebar Residences that were bought and later resold (bought from 1999, resold up to 2026), 88% sold for more than they were bought for, with a median gain of 43% over a median 10.4-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 1.9%. Units listed now ask about 7% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

88%

of 64 resales here

Median gain

43%

gross, before costs

Median hold

10.4 years

bought to resold

Every unit at Paya Lebar Residences with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Paya Lebar Residences and what's nearby?

Key Takeaway

Paya Lebar Residences is located in Geylang, in the Central Region of Singapore.

Paya Lebar Residences is a freehold apartment completed in 2002. It was developed by HILLWOOD DEVELOPMENT PTE LTD / HOI HUP REALTY PTE LTD. The development has 117 residential units. It sits on a land area of 4,999 sqm and has a gross floor area of 13,998 sqm. The plot ratio is 2.8.

PAYA LEBAR RESIDENCES is located at 27 Paya Lebar Road, Singapore 409042. It is part of District 14, Geylang / Eunos, Geylang. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Paya Lebar MRT, approximately 92m away, around 1 minutes on foot. Nearby amenities include Paya Lebar Square for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Blks 13/14 Haig Road for food options, and Guillemard Rd Os for greenery and recreation. Facilities in the development include Barbeque Area, Gymnasium room, Playground, Putting Green, and Swimming pool.

8

How far is Paya Lebar Residences from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Paya Lebar Residences is Paya Lebar MRT, about 93 m away (~1 min walk). 3 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Kong Hwa SchoolPrimary schoolwithin 1 km · P1 priority804 m
  • Geylang Methodist School (Primary)Primary schoolwithin 1 km · P1 priority848 m
  • Geylang Methodist School (Secondary)Secondary schoolwithin 1 km980 m
  • Tanjong Katong Girls' SchoolSecondary school1.1 km
  • Tanjong Katong Secondary SchoolSecondary school1.2 km
  • Broadrick Secondary SchoolSecondary school1.3 km
  • Chung Cheng High School (Main)Secondary school1.4 km
  • Haig Girls' SchoolPrimary school1.4 km

Shops, food & parks

Mall: Paya Lebar Square · 189 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 189 mHawker centre: Blks 13/14 Haig Road · 530 mPark: Guillemard Rd Os · 346 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

Who built Paya Lebar Residences and how big is the development?

Key Takeaway

Paya Lebar Residences was developed by HILLWOOD DEVELOPMENT PTE LTD / HOI HUP REALTY PTE LTD, with 117 units.

Developer
HILLWOOD DEVELOPMENT PTE LTD / HOI HUP REALTY PTE LTD
Blocks
1
Land area
4,999 sqm (53,809 sqft)
Gross floor area
13,998 sqm (150,673 sqft)
Plot ratio
2.80
10

What facilities does Paya Lebar Residences have?

Key Takeaway

Paya Lebar Residences has 5 facilities, including Barbeque Area, Gymnasium room, Playground, Putting Green, and more.

Barbeque AreaGymnasium roomPlaygroundPutting GreenSwimming pool
11

What does it cost to own a unit at Paya Lebar Residences?

Key Takeaway

Buying a unit at Paya Lebar Residences (~S$2.09M) needs about S$15,299/mo in income and S$7,039/mo in repayments, after S$74,100 stamp duty and a S$523k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.09M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$74,100

BSD, tiered

Downpayment (25%)

S$523k

cash + CPF

Monthly instalment

S$7,039/mo

30y @ 3.5%

Income required

S$15,299/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Paya Lebar Residences?

Key Takeaway

7,770 CEA-registered agents closed at least one recorded deal in District 14 — where Paya Lebar Residences sits — in the last 12 months, across all property types.

Active agents · 12mo

7,770

District 14 · closed ≥1 deal

Deals on record

39,512

all-time · all property types

Source: CEA public transaction records, attributed to District 14 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Paya Lebar Residences? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Paya Lebar Residences's own transactions.

PropKaki
Is Paya Lebar Residences a good buy, and what are units selling for?

Recent units at Paya Lebar Residences sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about Paya Lebar Residences

Is Paya Lebar Residences freehold?

Yes. Paya Lebar Residences is freehold, so ownership does not run out.

How old is Paya Lebar Residences?

Paya Lebar Residences was completed (obtained TOP) in 2002, so it is about 24 years old.

Is Paya Lebar Residences a good investment?

Of 64 units at Paya Lebar Residences that were bought and later resold (bought from 1999, resold up to 2026), 88% sold for more than they were bought for, with a median gain of 43% over a median 10.4-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 1.9%. Units listed now ask about 7% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Paya Lebar Residences an EC?

No. Paya Lebar Residences is a private apartment development, not an executive condominium (EC).

Who is the developer of Paya Lebar Residences?

Paya Lebar Residences was developed by HILLWOOD DEVELOPMENT PTE LTD / HOI HUP REALTY PTE LTD.

What is the price of a condo at Paya Lebar Residences?

Units at Paya Lebar Residences have recently sold for around S$2.09M (S$1,803 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 3 units are listed for sale from S$2.50M to S$2.50M.

Where is Paya Lebar Residences located?

Paya Lebar Residences is at 27 Paya Lebar Road, Singapore 409042, in Geylang (District 14). The nearest MRT station is Paya Lebar MRT, about 93 m away.

How many units are there in Paya Lebar Residences?

Paya Lebar Residences has 117 units in 1 block.

How much do I need to earn to buy at Paya Lebar Residences?

For a unit around S$2.09M as a first home, you'd need roughly S$15,299/mo in income (assessed at the stress-test rate), with repayments near S$7,039/mo after a S$523k (25%) downpayment and S$74,100 Buyer's Stamp Duty.

Are prices at Paya Lebar Residences going up?

The median price per square foot at Paya Lebar Residences has risen about 146% between 2009 and 2025, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Paya Lebar Residences?

Kong Hwa School, Geylang Methodist School (Primary) are within 1 km of Paya Lebar Residences. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.