District 14 · Geylang · RCR
Park Place Residences At Plq
Paya Lebar Road · Apartment · 99 yrs lease commencing from 2015
Current PSF
$2,252
+45.8% vs district median
Gross yield
4.0%
median rent $4,500/mo
3-year gain
5.3%
Transactions · 5y
104
20 in last 12 months
Nearest MRT
Paya Lebar Mrt Station · 185.844m
CCL,EWL
Future MRT
Defu Mrt Station
CRL · 2030
Vs local HDB
+262% premium
HDB median $622 psf
Area income
$7,500/mo median
commercial zone
En-bloc potential24 / 100
11 years old · composite of plot use, age, tenure, value gap & size
Lease decay88 years left
worth 94.0%of freehold today (Bala’s Table) · loses ~4.0pts of freehold value over the next decade
Tenanted
100%
units with active leases
Rent momentum
+3.3%
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
4%
PSF dispersion within project
The neighbourhood
P1 ring
Kong Hwa School 725m · Phase 2C 2.4× balloted - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Tanjong Katong Secondary School · 930m
Food
Haig Road Blk 13/14 (Haig Road Market And Cooked Food Centre) · 326m - 3 hawker centres within 1km
Green
Guillemard Rd Os · 157m - 6 parks within 1km
Mall
Plq Mall · 191m
Health
National Healthcare Group Polyclinics (Geylang Polyclinic) (polyclinic) · 734m
Who lives in Geylang
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
110,110
Median age
45 yrs
43% under 40 · getting older
Children 0–9
8,230
▼ 16% since 2015 · future P1 demand
Household size
2.9 avg
Homes
75% HDB
18% condo · 6% landed
Degree holders
30%
residents 15+
Commute
61% transit
17% drive
45 min+ to work
19%
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
What the record shows
The floor premium
Over the last 3 years, units on the 10th floor and above transacted at a median $2,276 psf - 11% above units on floors 1–5 ($2,056 psf).
Price trend average PSF by year
2021
$1,983
2022
$2,151
+8.5%
2023
$2,152
+0%
2024
$2,244
+4.3%
2025
$2,261
+0.8%
2026
$2,265
+0.2%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $3,700/mo | $8.22 | 4.4% | 266 |
| 2BR | $4,600/mo | $7.08 | 3.8% | 392 |
| 3BR | $6,400/mo | $6.10 | 3.2% | 75 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jul 2026 | $1,430,000 | 646 | $2,214 | 06-10 |
| Jun 2026 | $1,610,000 | 667 | $2,412 | 16-20 |
| May 2026 | $2,750,000 | 1,367 | $2,012 | 01-05 |
| May 2026 | $2,460,000 | 1,076 | $2,285 | 11-15 |
| May 2026 | $1,485,000 | 646 | $2,299 | 11-15 |
| Apr 2026 | $1,060,000 | 484 | $2,188 | 11-15 |
| Mar 2026 | $1,570,000 | 667 | $2,353 | 11-15 |
| Feb 2026 | $1,090,000 | 484 | $2,250 | 11-15 |
| Jan 2026 | $2,480,000 | 1,087 | $2,281 | 06-10 |
| Jan 2026 | $1,595,000 | 678 | $2,352 | 06-10 |
HomeRadar AIlive
Ask anything about PARK PLACE RESIDENCES AT PLQ
Grounded in this project’s data - yield, en-bloc, lease, nearby condos.
Sign in with Google to ask · AI-generated from this page’s data - may be inaccurate. Not financial advice.
More in District 14
The HDB blocks next door
The entry point, measured: what the resale flats around Park Place Residences At Plq actually sell for - this project trades at 3.4× the nearest block’s PSF.