Block 121 Paya Lebar Way
Block 121 Paya Lebar Way has 63 recorded HDB resale transactions since 2017. Latest sale: $525,000 (Jun 2026, 4 room, floors 04–06). Median $4,396/sqm. Prices up 43.1% over the past five years. Built 1980, 53 years lease remaining.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.
| Flat type | Median rent /mo | Gross yield | Based on |
|---|---|---|---|
| 3-Room | $2,800 typically $2,500–$3,000 | 9% | Geylang avg · block too thin |
| 4-Room | $3,300 typically $3,000–$3,800 | 7.5% | 13 rentals here |
No popular school is within 1 km, but 1sits in the 1–2 km second-priority band.
Compare homes near all 50 popular schools| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Jun 2026 | 04 TO 06 | 4 ROOM | 91 sqm | $525,000 | $5,769 |
| Feb 2026 | 10 TO 12 | 4 ROOM | 93 sqm | $525,000 | $5,645 |
| Dec 2025 | 07 TO 09 | 4 ROOM | 91 sqm | $532,000 | $5,846 |
| Nov 2025 | 01 TO 03 | 4 ROOM | 91 sqm | $500,000 | $5,495 |
| Nov 2025 | 01 TO 03 | 4 ROOM | 91 sqm | $520,000 | $5,714 |
| May 2025 | 04 TO 06 | 4 ROOM | 91 sqm | $514,000 | $5,648 |
| Mar 2025 | 10 TO 12 | 4 ROOM | 91 sqm | $550,000 | $6,044 |
| Mar 2025 | 04 TO 06 | 4 ROOM | 91 sqm | $520,000 | $5,714 |
| Feb 2025 | 10 TO 12 | 4 ROOM | 93 sqm | $543,000 | $5,839 |
| Feb 2025 | 10 TO 12 | 4 ROOM | 91 sqm | $600,000 | $6,593 |
| Jan 2025 | 07 TO 09 | 4 ROOM | 91 sqm | $513,000 | $5,637 |
| Dec 2024 | 01 TO 03 | 4 ROOM | 91 sqm | $480,000 | $5,275 |
| Nov 2024 | 07 TO 09 | 4 ROOM | 92 sqm | $530,000 | $5,761 |
| Oct 2024 | 01 TO 03 | 3 ROOM | 68 sqm | $410,000 | $6,029 |
| Sep 2024 | 07 TO 09 | 4 ROOM | 91 sqm | $498,000 | $5,473 |
| Jun 2024 | 01 TO 03 | 4 ROOM | 93 sqm | $510,000 | $5,484 |
| Jun 2024 | 04 TO 06 | 4 ROOM | 91 sqm | $535,000 | $5,879 |
| Feb 2024 | 04 TO 06 | 4 ROOM | 91 sqm | $480,000 | $5,275 |
| Feb 2024 | 10 TO 12 | 4 ROOM | 91 sqm | $565,000 | $6,209 |
| Nov 2023 | 04 TO 06 | 4 ROOM | 92 sqm | $520,000 | $5,652 |
About Block 121 Paya Lebar Way
Block 121 at Paya Lebar Way is a residential HDB block in Geylang, Singapore, built in 1980 with approximately 53 years remaining on its 99-year lease. The block contains 3 room, 4 room flats, with resale prices ranging from $255,000 to $600,000 based on 63 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $525,000 in 2026-06. The current median price per square metre is $4,396. Over the past five years, resale prices at this block have increased by approximately 43.1%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8399, with an annual lease decay rate of approximately 0.67%. 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 121 Paya Lebar Way worth?
The most recent resale transaction at Block 121 Paya Lebar Way was $525,000 for a 4 room flat in 2026-06. The median price per square metre across all flat types is $4,396, based on 63 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 121 Paya Lebar Way?
Block 121 Paya Lebar Way was built in 1980 and has approximately 53 years and 3 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.67%, meaning the leasehold value decreases by approximately 0.67% per year at the current remaining lease.
What flat types are available at Block 121 Paya Lebar Way?
Block 121 Paya Lebar Way in Geylang contains 3 room, 4 room flats. Resale prices range from $255,000 to $600,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 121 Paya Lebar Way gone up or down?
Resale prices at Block 121 Paya Lebar Way have increased by approximately 43.1% over the past five years. The current median price is $398,000, with the most recent sale at $525,000 in 2026-06.