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Block 124 Geylang East Avenue 1

3 Room · 4 Room · 5 Room · Built 1983 · 56 years remaining lease MOP Cleared
Latest Sale
$918,000
Feb 2026 · 5 ROOM · Floor 07-09
Median $/sqm
$5,883
Based on 37 transactions
Total Transactions
37
Since Jan 2017
5-Year Trend
▲ +21.1%
Median price change
Median Price ?
Top 33%
#84 / 253 Top 33%
Latest Sale ?
Top 14%
#36 / 253 Top 14%
Value ($/sqm) ?
Top 27%
#68 / 253 Top 27%
5-Year Growth ?
Top 85%
#157 / 185 Top 85%
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
--
Future Value Projection
Market Appreciation
+3.9%/yr
vs
Lease Decay
−0.58%/yr
Growth assumption
Based on this block’s +21.1% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 56 years remaining 99 years
56 years 10 months
Remaining lease
↓ 0.58%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 56 years remaining, decay is gradual (~0.58%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Feb 2026 07 TO 09 5 ROOM 132 sqm $918,000 $6,955
Dec 2025 04 TO 06 3 ROOM 74 sqm $528,000 $7,135
Oct 2025 01 TO 03 5 ROOM 132 sqm $910,000 $6,894
Jul 2025 04 TO 06 3 ROOM 74 sqm $496,888 $6,715
Feb 2025 04 TO 06 5 ROOM 132 sqm $885,000 $6,705
Jul 2024 01 TO 03 3 ROOM 74 sqm $460,000 $6,216
Jul 2024 04 TO 06 5 ROOM 132 sqm $880,000 $6,667
Feb 2024 13 TO 15 3 ROOM 74 sqm $488,000 $6,595
Jan 2024 10 TO 12 4 ROOM 104 sqm $720,000 $6,923
Dec 2023 04 TO 06 3 ROOM 74 sqm $465,000 $6,284
Oct 2023 13 TO 15 3 ROOM 74 sqm $460,000 $6,216
Aug 2023 01 TO 03 4 ROOM 104 sqm $625,000 $6,010
Aug 2023 10 TO 12 4 ROOM 104 sqm $728,000 $7,000
Mar 2023 13 TO 15 3 ROOM 74 sqm $435,000 $5,878
Nov 2022 07 TO 09 5 ROOM 132 sqm $830,000 $6,288
Aug 2022 04 TO 06 4 ROOM 104 sqm $617,000 $5,933
May 2022 07 TO 09 4 ROOM 104 sqm $603,000 $5,798
Feb 2022 04 TO 06 4 ROOM 108 sqm $578,000 $5,352
Dec 2021 13 TO 15 3 ROOM 74 sqm $400,000 $5,405
Dec 2021 07 TO 09 5 ROOM 132 sqm $785,000 $5,947
Showing 20 of 37 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 124 Geylang East Avenue 1

Block 124 at Geylang East Avenue 1 is a residential HDB block in Geylang, Singapore, built in 1983 with approximately 56 years remaining on its 99-year lease. The block contains 3 room, 4 room, 5 room flats, with resale prices ranging from $300,000 to $918,000 based on 37 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 07 TO 09 sold for $918,000 in 2026-02. The current median price per square metre is $5,883. Over the past five years, resale prices at this block have increased by approximately 21.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8585, with an annual lease decay rate of approximately 0.58%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 124 Geylang East Avenue 1 worth?

The most recent resale transaction at Block 124 Geylang East Avenue 1 was $918,000 for a 5 room flat in 2026-02. The median price per square metre across all flat types is $5,883, based on 37 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 124 Geylang East Avenue 1?

Block 124 Geylang East Avenue 1 was built in 1983 and has approximately 56 years and 10 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.58%, meaning the leasehold value decreases by approximately 0.58% per year at the current remaining lease.

What flat types are available at Block 124 Geylang East Avenue 1?

Block 124 Geylang East Avenue 1 in Geylang contains 3 room, 4 room, 5 room flats. Resale prices range from $300,000 to $918,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 124 Geylang East Avenue 1 gone up or down?

Resale prices at Block 124 Geylang East Avenue 1 have increased by approximately 21.1% over the past five years. The current median price is $595,000, with the most recent sale at $918,000 in 2026-02.

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