Block 121 Paya Lebar Way
Block 121 Paya Lebar Way has 66 recorded HDB resale transactions since 2017. Latest sale: $420,000 (Sep 2026, 3 room, floors 04–06). Median $4,396/sqm. Prices up 42.9% over the past five years. Built 1980, 52 years lease remaining.
Blk 121 at $400K sits 17% below Geylang's $481K town median, pricier than 38% of its 253 priced blocks. See all HDB prices in Geylang →
How this block compares
- 4 Room$525,000−29.2%vs town(−$216k)−16.7%vs national(−$105k)
Median of resales in the 12 months to Oct 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.
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–$3,050 | 8.8% | Geylang avg · block too thin |
| 4-Room | $3,550 typically $3,250–$3,850 | 8.1% | 16 rentals here |
This block is inside the 1 km Primary 1 priority zone for 2 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- This home
- School within 1 km
- School 1–2 km
- 1km ring, top priority
- 2km ring, next tier
Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.
Other HDB blocks closest to Block 121 Paya Lebar Way in Geylang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Sep 2026 | 04 TO 06 | 3 ROOM | 68 sqm | $420,000 | $6,176 |
| Sep 2026 | 01 TO 03 | 4 ROOM | 92 sqm | $495,000 | $5,380 |
| Jul 2026 | 07 TO 09 | 4 ROOM | 91 sqm | $536,000 | $5,890 |
| 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 |
About Block 121 Paya Lebar Way
Block 121 Paya Lebar Way is an ageing-lease HDB block in Geylang, built in 1980 with about 52 years left on its 99-year lease, so remaining lease is the dominant price factor here. Its median sits about 17% below the Geylang median, cheaper than about 62% of the town's blocks. It has a busy resale history, with 66 transactions since 2017 across 3 room, 4 room flats priced from $255,000 to $600,000. The most recent transaction was a 3 room flat on storeys 04 TO 06 at $420,000 in Sep 2026, and the median works out to $4,396/sqm. Over five years, prices here are up about 42.9%. All transaction data is sourced from data.gov.sg and 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 $420,000 for a 3 room flat in 2026-09. The median price per square metre across all flat types is $4,396, based on 66 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 52 years and 11 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.68%, meaning the leasehold value decreases by approximately 0.68% 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 42.9% over the past five years. The current median price is $400,000, with the most recent sale at $420,000 in 2026-09.