How Much Is a Flat at Block 124 Geylang East Ave 1 Worth?

3 Room, 4 Room, 5 Room · Built 1983 · 56 years 07 months remaining MOP Cleared

Last updated: 13 Jun 2026

Latest Sale

$942,000

2026-04 · 5 Room

Median $/sqm

$5,908

Based on 38 txns

Total Txns

38

Since data available

5-Yr Trend

▲6.4%

vs 5 years ago

What Will You Actually Walk Away With?

Select your flat and storey. We'll calculate your estimated cash in hand, CPF refund, and all deductions — including accrued interest and resale levy.

Flat Type

Storey Band (closest to your floor)

How did you buy?

What are you thinking of buying next?

Market Demand

⏳ Lower transaction volume — pricing and timing matter more here. A local expert helps.

Based on recent sales data · Updates monthly

Sold at this block (6mo)

3 flats ⚡

AVG. DAYS TO OFFER

~60 days

Transaction density proxy

BUYER DEMAND

3.7 / 10

Block Specialists

Connect with agents who know this block — coming soon.

Lease Clock

Sell Now
0 yrs 56 years left 99 yrs

Key threshold: 60 years

Buyer financing is already restricted

Your block has 56 years of lease left. Buyers already face CPF usage limits and lower loan quantum when purchasing. This means fewer buyers qualify, and those who do will negotiate harder. Selling sooner gives you a larger buyer pool and a stronger sale price.

A specialist agent can target the right buyers and negotiate the best possible outcome for you.

Transaction History 38 total

Date Floor Type sqm Price $/sqm
2026-04 07 TO 09 5 Room 132 $942,000 $7,136
2026-02 07 TO 09 5 Room 132 $918,000 $6,955
2025-12 04 TO 06 3 Room 74 $528,000 $7,135
2025-10 01 TO 03 5 Room 132 $910,000 $6,894
2025-07 04 TO 06 3 Room 74 $496,888 $6,715
2025-02 04 TO 06 5 Room 132 $885,000 $6,705
2024-07 04 TO 06 5 Room 132 $880,000 $6,667
2024-07 01 TO 03 3 Room 74 $460,000 $6,216
2024-02 13 TO 15 3 Room 74 $488,000 $6,595
2024-01 10 TO 12 4 Room 104 $720,000 $6,923
2023-12 04 TO 06 3 Room 74 $465,000 $6,284
2023-10 13 TO 15 3 Room 74 $460,000 $6,216
2023-08 10 TO 12 4 Room 104 $728,000 $7,000
2023-08 01 TO 03 4 Room 104 $625,000 $6,010
2023-03 13 TO 15 3 Room 74 $435,000 $5,878
2022-11 07 TO 09 5 Room 132 $830,000 $6,288
2022-08 04 TO 06 4 Room 104 $617,000 $5,933
2022-05 07 TO 09 4 Room 104 $603,000 $5,798
2022-02 04 TO 06 4 Room 108 $578,000 $5,352
2021-12 13 TO 15 3 Room 74 $400,000 $5,405
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About Block 124 Geylang East Ave 1

Flats at Block 124 Geylang East Ave 1 have been selling at a median of $7,075/sqm — up 4.0% over the last 6 months, mainly 5-room flats at $930,000 median, with 3 transactions recorded.

The block is a 9-minute walk from Aljunied MRT Station (723m) and is near Paya Lebar Quarter mall (1109m, 14 min walk). It is also near Geylang Methodist School (Primary) (434m, 6 min walk) and Kong Hwa School (1714m, 21 min walk).

All data is sourced from data.gov.sg and updated daily.

What's Near Block 124 Geylang East Ave 1?

Facilities and transport within a 15-minute walk. Walking times are route-based.

MRT / LRT

ALJUNIED MRT STATION 723m · 9 min
PAYA LEBAR MRT STATION 949m · 12 min
CC9 999m · 12 min

Nearby Schools

GEYLANG METHODIST SCHOOL (PRIMARY) 434m · 6 min

Hawker Centres

Aljunied Ave 2 Blk 117 (Blk 117 Aljunied Market and Food Centre) 675m · 9 min
Circuit Road Blk 89 1139m · 14 min

Shopping Malls

Paya Lebar Quarter 1109m · 14 min

Parks

GEYLANG EAST PK 928m · 12 min
LORONG 40 GEYLANG PG 961m · 12 min

Community Facilities

Geylang Polyclinic 449m · 6 min
Geylang East Library 287m · 4 min

Other Blocks on Geylang East Ave 1

Block 128 Geylang East Ave 1 Block 125 Geylang East Ave 1 Block 126 Geylang East Ave 1

Frequently Asked Questions

How much is a flat at Block 124 Geylang East Ave 1?

Based on 38 recorded transactions, the median resale price ranges from $417,500 (3 Room) to $855,000 (5 Room). The most recent sale was $942,000 in 2026-04.

Median by flat type (last 24 months)

Flat Type Most Recent Median
3 Room $496,888
4 Room $601,500 (all-time)
5 Room $910,000

What is my flat worth at Block 124?

The overall median resale price at Block 124 Geylang East Ave 1 is $703,444. Prices have risen 6.4% over the past 5 years.

How much cash will I actually receive when I sell my flat at Block 124?

Your gross sale proceeds are what the buyer pays. From that, three things are deducted: your outstanding loan, your CPF principal (all CPF savings used for the flat, returned to your CPF OA), and CPF accrued interest (the interest CPF calculates on those savings at 2.5% p.a., compounded annually). What remains after these deductions is your cash in hand. Use the What's Your Flat Worth? calculator above to estimate your actual cash take-home based on Block 124 prices.

What is CPF accrued interest and why does it reduce my sale proceeds?

When you buy a flat using CPF, those funds are considered a loan from your CPF OA to yourself. When you sell, CPF Board requires you to return the principal plus the interest those funds would have earned had they stayed in your OA — currently 2.5% per annum, compounded. This is not a penalty or a fee paid to anyone; the money goes back into your CPF OA. However, it does reduce your cash proceeds — and the longer you have owned the flat, the larger the accrued amount. Use the CPF Accrued Interest Calculator above to estimate your deduction before you decide to sell.

How active is the resale market at Block 124?

Block 124 has recorded 38 resale transactions — roughly 1.6 sales per month over the past 24 months. The latest transaction closed in 2026-04.

What flat types are available at Block 124?

Block 124 Geylang East Ave 1 has 3 Room, 4 Room, 5 Room units. Median prices range from $417,500 to $855,000.

How much can I unlock to upgrade if I sell my HDB at Block 124?

Selling to upgrade means planning both timelines and funds. Your proceeds split into cash in hand (for your next downpayment and transition costs) and CPF refund (returned to CPF OA). Use the What's Your Flat Worth? calculator above to estimate the equity you can deploy for your next home.

What is the remaining lease for Block 124?

Block 124 was built in 1983 with a 99-year lease. It has approximately 56 years 07 months remaining.

Does Block 124's remaining lease affect its resale value?

At 56 years remaining, most buyers still qualify for full CPF usage. Buyers in their late 30s or older may see slight CPF caps depending on their age, but the effect on your buyer pool is small. Pricing at market rate remains straightforward.

When can I sell my flat at Block 124 Geylang East Ave 1?

Flats at Block 124 Geylang East Ave 1 have cleared their 5-year Minimum Occupation Period (MOP) and are eligible for resale on the open market. You can list your flat now.

How long does it take to sell an HDB flat?

The standard HDB resale process takes approximately 8–12 weeks from granting the Option to Purchase (OTP) to the completion appointment. This includes HDB resale application, HDB valuation, CPF usage approval, and final appointment scheduling.

Can I sell my HDB flat without an agent?

Yes — HDB's resale portal allows you to handle the transaction yourself. However, for owners upgrading to their next home, an experienced agent helps align pricing, buyer negotiation, and completion timing so your next purchase is less exposed to delays. The typical 1–2% commission is often recovered through a stronger sale outcome.

What are the costs of selling an HDB flat?

Typical costs for a seller:

Agent commission ~1–2% of sale price
Legal / conveyancing ~S$500 (HDB) or ~S$2,000 (private)
HDB admin fee S$80
Resale levy S$15,000–S$55,000 (if applicable)
Seller stamp duty None (after MOP)
Total (est.) on $496,888 excl. levy $10,518 to $12,018