How Much Is a Flat at Block 121 Paya Lebar Way Worth?

3 Room, 4 Room · Built 1980 · 53 years 03 months remaining MOP Cleared

Last updated: 13 Jun 2026

Latest Sale

$525,000

2026-06 · 4 Room

Median $/sqm

$4,396

Based on 58 txns

Total Txns

58

Since data available

5-Yr Trend

▲33.2%

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

📊 Moderate activity — a specialist agent can position your flat to the right buyer.

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

4.9 / 10

Block Specialists

Connect with agents who know this block — coming soon.

Lease Clock

Sell Now
0 yrs 53 years left 99 yrs

Key threshold: 60 years

Buyer financing is already restricted

Your block has 53 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 58 total

Date Floor Type sqm Price $/sqm
2026-06 04 TO 06 4 Room 91 $525,000 $5,769
2026-02 10 TO 12 4 Room 93 $525,000 $5,645
2025-12 07 TO 09 4 Room 91 $532,000 $5,846
2025-11 01 TO 03 4 Room 91 $520,000 $5,714
2025-05 04 TO 06 4 Room 91 $514,000 $5,648
2025-03 04 TO 06 4 Room 91 $520,000 $5,714
2025-03 10 TO 12 4 Room 91 $550,000 $6,044
2025-02 10 TO 12 4 Room 91 $600,000 $6,593
2025-01 07 TO 09 4 Room 91 $513,000 $5,637
2024-12 01 TO 03 4 Room 91 $480,000 $5,275
2024-11 07 TO 09 4 Room 92 $530,000 $5,761
2024-10 01 TO 03 3 Room 68 $410,000 $6,029
2024-09 07 TO 09 4 Room 91 $498,000 $5,473
2024-06 04 TO 06 4 Room 91 $535,000 $5,879
2024-06 01 TO 03 4 Room 93 $510,000 $5,484
2024-02 10 TO 12 4 Room 91 $565,000 $6,209
2024-02 04 TO 06 4 Room 91 $480,000 $5,275
2023-11 04 TO 06 4 Room 92 $520,000 $5,652
2023-06 10 TO 12 4 Room 93 $508,000 $5,462
2023-03 10 TO 12 4 Room 91 $487,000 $5,352
Page 1 of 1

About Block 121 Paya Lebar Way

Flats at Block 121 Paya Lebar Way have been selling at a median of $5,746/sqm — up 0.6% over the last 6 months, mainly 4-room flats at $528,500 median, with 2 transactions recorded.

The block is a 7-minute walk from Mattar MRT Station (514m) and is near Paya Lebar Quarter mall (1100m, 14 min walk). It is also near Geylang Methodist School (Primary) (1074m, 13 min walk) and Canossa Catholic Primary School (1030m, 13 min walk).

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

What's Near Block 121 Paya Lebar Way?

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

MRT / LRT

MATTAR MRT STATION 872m · 11 min
ALJUNIED MRT STATION 772m · 10 min
MACPHERSON MRT STATION 1125m · 14 min

Nearby Schools

GEYLANG METHODIST SCHOOL (PRIMARY) 1074m · 13 min
CANOSSA CATHOLIC PRIMARY SCHOOL 1030m · 13 min

Hawker Centres

Circuit Road Blk 89 498m · 6 min
Aljunied Ave 2 Blk 117 (Blk 117 Aljunied Market and Food Centre) 794m · 10 min
Circuit Road Blk 79/79A 735m · 9 min

Parks

GEYLANG EAST PK 742m · 10 min

Community Facilities

Geylang Polyclinic 934m · 12 min
MacPherson CC 677m · 9 min
Geylang East Library 980m · 12 min

Other Blocks on Paya Lebar Way

Frequently Asked Questions

How much is a flat at Block 121 Paya Lebar Way?

Based on 58 recorded transactions, the median resale price ranges from $308,000 (3 Room) to $400,000 (4 Room). The most recent sale was $525,000 in 2026-06.

Median by flat type (last 24 months)

Flat Type Most Recent Median
3 Room $410,000
4 Room $522,500

What is my flat worth at Block 121?

The overall median resale price at Block 121 Paya Lebar Way is $466,250. Prices have risen 33.2% over the past 5 years.

How much cash will I actually receive when I sell my flat at Block 121?

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 121 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 121?

Block 121 has recorded 58 resale transactions — roughly 2.4 sales per month over the past 24 months. The latest transaction closed in 2026-06.

What flat types are available at Block 121?

Block 121 Paya Lebar Way has 3 Room, 4 Room units. Median prices range from $308,000 to $400,000.

How much can I unlock to upgrade if I sell my HDB at Block 121?

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 121?

Block 121 was built in 1980 with a 99-year lease. It has approximately 53 years 03 months remaining.

Does Block 121's remaining lease affect its resale value?

At 53 years remaining, CPF eligibility is increasingly age-dependent. Many buyers in their 30s and 40s face CPF pro-ration, reducing their effective purchasing power. Shorter bank loan tenures also raise monthly repayments for the same loan amount. Both effects narrow your buyer pool and tend to put downward pressure on price — selling sooner is worth considering.

When can I sell my flat at Block 121 Paya Lebar Way?

Flats at Block 121 Paya Lebar Way 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 $522,500 excl. levy $11,030 to $12,530