Block 123 Paya Lebar Way
123 Paya Lebar Way, Singapore 381123
Block 123 Paya Lebar Way is an HDB block in Geylang, completed in 1979, with 80 dwelling units. 5-Room flats have recently resold around S$635k (118 sqm), from 78 resales on record. The lease has approximately 54 years remaining.
What are the key facts about Block 123 Paya Lebar Way?
Block 123 Paya Lebar Way is an HDB block in Geylang, completed in 1979, with 80 dwelling units.
- Town
- Geylang
- Planning area
- Geylang
- Completed
- 1979
- Storeys
- 21
- Total units
- 80
- Market segment
- RCR
- Median resale
- S$635k
- Last transacted
- Oct 2025
- Remaining lease
- ≈ 54 years
What are resale prices at Block 123 Paya Lebar Way?
5-Room flats have recently resold around S$635k (S$500 psf), from 78 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 5-Room | 78 | S$635,000recent | 118 sqm | S$500 psf |
“Recent” medians use the latest transactions; for older blocks the all-time median spans 30+ years and understates today’s price. Source: HDB resale caveats, through Oct 2025.
What has recently sold at Block 123 Paya Lebar Way?
Block 123 Paya Lebar Way has 78 recorded resales; the most recent transacted at S$730,000 in Oct 2025 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| Oct 2025 | 5-Room | 19 TO 21 | 118 sqm | S$730,000 |
| Aug 2024 | 5-Room | 04 TO 06 | 118 sqm | S$670,000 |
| Jul 2024 | 5-Room | 13 TO 15 | 118 sqm | S$736,000 |
| Jul 2023 | 5-Room | 01 TO 03 | 118 sqm | S$628,000 |
| Apr 2023 | 5-Room | 13 TO 15 | 118 sqm | S$665,000 |
| Feb 2023 | 5-Room | 04 TO 06 | 118 sqm | S$635,000 |
| Dec 2022 | 5-Room | 01 TO 03 | 118 sqm | S$635,000 |
| Aug 2022 | 5-Room | 04 TO 06 | 118 sqm | S$630,000 |
| Feb 2022 | 5-Room | 04 TO 06 | 118 sqm | S$645,000 |
| Nov 2021 | 5-Room | 07 TO 09 | 118 sqm | S$650,000 |
| Apr 2021 | 5-Room | 10 TO 12 | 118 sqm | S$610,000 |
| Mar 2021 | 5-Room | 04 TO 06 | 118 sqm | S$615,000 |
What flat types are in Block 123 Paya Lebar Way?
Block 123 Paya Lebar Way has 80 units, mostly 5-Room flats.
Unit stock by flat type, from the HDB property information dataset.
How far is Block 123 Paya Lebar Way from MRT and schools?
The nearest MRT/LRT to Block 123 Paya Lebar Way is Mattar MRT, about 458 m away (~7 min walk). 3 schools are within 1 km, including 2 primary schools.
Getting around
- Mattar MRT458 m · ~7 min
- Aljunied MRT704 m · ~11 min
- Macpherson MRT877 m · ~14 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Canossa Catholic Primary SchoolPrimary schoolwithin 1 km · P1 priority447 m
- Geylang Methodist School (Secondary)Secondary schoolwithin 1 km572 m
- Geylang Methodist School (Primary)Primary schoolwithin 1 km · P1 priority578 m
- Kong Hwa SchoolPrimary school1.4 km
- Cedar Girls' Secondary SchoolSecondary school1.6 km
- Cedar Primary SchoolPrimary school1.7 km
- Broadrick Secondary SchoolSecondary school1.8 km
- Bartley Secondary SchoolSecondary school1.9 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 123 Paya Lebar Way?
Buying a flat at Block 123 Paya Lebar Way (~S$635k) needs about S$5,062/mo in income and S$2,384/mo in repayments, after S$13,650 stamp duty and a S$159k downpayment.
Illustrative, for a buyer at the recent median resale price (S$635k) — 25% downpayment (bank-loan basis), 25-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$13,650
BSD, tiered
Downpayment (25%)
S$159k
cash + CPF
Monthly instalment
S$2,384/mo
25y @ 3.5%
Income required
S$5,062/mo
MSR/TDSR @ stress rate
First-time HDB buyers pay no Additional Buyer’s Stamp Duty (ABSD) and may qualify for CPF Housing Grants of up to S$80,000+, which lower the cash required — these are not included above. An HDB concessionary loan also allows a smaller downpayment.
Frequently asked questions about Block 123 Paya Lebar Way
What is the resale price at Block 123 Paya Lebar Way?⌄
5-Room flats at Block 123 Paya Lebar Way have recently resold around S$635k (118 sqm), based on HDB resale caveats. Resale prices vary by flat type, floor and remaining lease.
How many years are left on the lease at Block 123 Paya Lebar Way?⌄
Block 123 Paya Lebar Way has approximately 54 years left on its 99-year lease (completed 1979). This figure is taken from the most recent transacted flat.
How many units are in Block 123 Paya Lebar Way?⌄
Block 123 Paya Lebar Way has 80 dwelling units across up to 21 storeys, mostly 5 room flats.
What is the nearest MRT to Block 123 Paya Lebar Way?⌄
The nearest MRT/LRT station to Block 123 Paya Lebar Way is Mattar MRT, about 458 m away (~7 min walk).
Which primary schools are within 1 km of Block 123 Paya Lebar Way?⌄
Canossa Catholic Primary School, Geylang Methodist School (Primary) are within 1 km of Block 123 Paya Lebar Way — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
Is Block 123 Paya Lebar Way a good place to buy an HDB resale flat?⌄
Block 123 Paya Lebar Way sits in Geylang, in the Geylang planning area. Whether it suits you depends on your budget, the flat type, the remaining lease (≈54 years) and proximity to MRT and schools — all of which are summarised on this page from HDB resale data.
