Rent vs D14 +17.3%
Rents above district median
Park Place Residences at Plq's latest 12-month median rent is $4,400 compared with the D14 median of $3,750 for the same period. Use this district check before narrowing by bedroom and area band.
Park Place Residences at Plq rent and sale price
D14 / Geylang, Eunos
Address 2 Paya Lebar Road Park Place Residences at Plq Singapore 409053
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Quick summary about Park Place Residences at Plq
Park Place Residences at Plq is a 99-year leasehold apartment in D14 / Geylang, Eunos. The page currently tracks 990 rentals and 105 sales. Park Place Residences at Plq is near PAYA LEBAR MRT STATION (CC9), about 0.17 km away.
For rent checks, start with the latest 12-month median of $4,400 per month and compare it with the full-history size-band range of $3,700 to $6,400. For sale checks, start with the latest 12-month median sale price of $1,583,000 and median sale PSF of $2,268 psf, then compare full-history floor-band evidence from $1,450,000 to $1,575,000 and PSF from $2,045 psf to $2,252 psf.
- Latest 12M median rent is $4,400 per month from 173 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $1,583,000, with median sale PSF at $2,268 psf from 18 sales.
- Rent is down 13.7% over the last 3 months. Sale PSF is up 1.6% over the last 3 months.
Park Place Residences at Plq Market Brief
Compare the project with D14 across rent, sale PSF, tenure and transaction activity.
Compared with D14
Sale PSF vs D14 +26.4%
Sale PSF above district median
Park Place Residences at Plq's latest 12-month median sale PSF is $2,268 psf versus the D14 median of $1,794 psf for the same period. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 3.34%
Rent support above district screen
Gross yield is roughly 3.34% versus a D14 screen of 2.88%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 20.1% spread
Rent has some movement
Recent rents moved enough that bedroom count, area band and latest contracts matter.
Market activity +1.0%
Activity is steady
Recent transaction volume is close to the prior 6-month view.
Tenure lens 99-year leasehold
Leasehold comparison needed
99-year leasehold from 2015 matters most on sale price. Compare Park Place Residences at Plq against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Before you decide
Latest 12M median rent $4,400
Is the asking rent fair?
$4,200 to $4,600 is the first fair-rent band to check. Above $4,600 should have a visible reason.
Latest 12M median sale PSF $2,268 psf
Is the purchase price fair?
$1,540,000 to $1,630,000 and $2,200 to $2,340 psf are the first sale checks before adjusting for floor, size, view and condition.
2 bed rent $4,500
Are similar units renting for more?
2 bed and 600 to 700 sqft give the closest unit-size checks.
Rent stability 20.1% spread
Is rent stable here?
Rent has some movement. Recent rents moved enough that bedroom count, area band and latest contracts matter.
Transaction volume +1.0%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Park Place Residences at Plq Project Facts
Project-level details from URA records and local enrichment.
Tenure 99-year leasehold from 2015
Property type Apartment, Non-Landed Properties
Sales 88 resale transactions, 17 sub sale transactions
Total sold value $164.0M
Park Place Residences at Plq Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 990 Jun 2021 to Jul 2026
Sale transactions 105 Jun 2021 to Jul 2026
Rent trend -13.7% Last 3 months
Sale PSF trend 1.6% Last 3 months
Park Place Residences at Plq Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
PAYA LEBAR MRT STATION (CC9) 0.17 km away
PAYA LEBAR MRT STATION (EW8) 0.26 km away
DAKOTA MRT STATION 0.91 km away
Schools nearby
TANJONG KATONG SECONDARY SCHOOL 0.93 km away
GEYLANG METHODIST SCHOOL (PRIMARY) 1.01 km away
GEYLANG METHODIST SCHOOL (SECONDARY) 1.14 km away
ETONHOUSE BROADRICK INTERNATIONAL SCHOOL & PRE-SCHOOL 1.16 km away
Amenities
51 OLD AIRPORT ROAD FOOD CENTRE AND SHOPPING MALL Mall / retail · 1.14 km away
GEYLANG PARK CONNECTOR Park / green link · 0.77 km away
MARKET & HAWKER CENTRE (BLKS 13/14 HAIG ROAD) Food centre · 0.33 km away
Park Place Residences at Plq Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,950 257 rentals in view
Latest median sale PSF $2,287 psf 38 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jul 2026 18 $3,950 2 $2,287 psf $1,515,000
Jun 2026 12 $4,700 1 $2,412 psf $1,610,000
May 2026 12 $3,800 2 $2,156 psf $2,117,500
Apr 2026 22 $4,575 1 $2,188 psf $1,060,000
Mar 2026 16 $4,690 1 $2,353 psf $1,570,000
Feb 2026 9 $4,400 1 $2,250 psf $1,090,000
Jan 2026 11 $3,800 2 $2,317 psf $2,037,500
Dec 2025 11 $4,500 3 $2,368 psf $1,580,000
Nov 2025 7 $3,900 0 - -
Oct 2025 16 $4,450 1 $2,175 psf $1,405,000
Sept 2025 17 $4,600 4 $2,242 psf $1,707,500
Aug 2025 22 $4,500 2 $2,192 psf $1,061,900
Projects Similar to Park Place Residences at Plq
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 2018 Parc Esta 1.1 km away 2,089 transactions
- Median rent
- $4,400
- Median sale PSF
- $2,201 psf
- Median rent
- $4,400
- Median sale PSF
- $1,770 psf
- Median rent
- $4,300
- Median sale PSF
- $1,831 psf
- Median rent
- $4,100
- Median sale PSF
- $1,803 psf
- Median rent
- $4,700
- Median sale PSF
- $1,997 psf
- Median rent
- $3,758
- Median sale PSF
- $1,719 psf
Park Place Residences at Plq Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $3,700 $3,557 392
2 bed $4,500 $4,395 517
3 bed $6,400 $6,237 81
Park Place Residences at Plq Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
400 to 500 sqft $3,700 $3,563 379
500 to 600 sqft $3,500 $3,365 13
600 to 700 sqft $4,500 $4,355 468
700 to 800 sqft $4,900 $4,763 46
900 to 1,000 sqft $5,100 $4,967 3
1,000 to 1,100 sqft $6,300 $6,174 51
1,100 to 1,200 sqft $6,500 $6,433 26
1,200 to 1,300 sqft $5,750 $5,750 4
Park Place Residences at Plq Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,575,000 $2,045 psf 12
06 to 10 $1,450,000 $2,217 psf 42
11 to 15 $1,460,000 $2,245 psf 37
16 to 20 $1,565,000 $2,252 psf 14
Park Place Residences at Plq Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
Park Place Residences at Plq shows a latest 12-month median monthly rent of $4,400 across 173 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $4,400
Rentals in period 173
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Latest 12M sales at Park Place Residences at Plq show a median price of $1,583,000 and $2,268 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $1,583,000
Latest 12M median PSF $2,268 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 99-year leasehold from 2015 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Park Place Residences at Plq has 105 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $164.0M
Latest record Jul 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
Run Park Place Residences at Plq numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $4,400/mo Test gross and net yield against typical rent. Buy vs rent $1.6M Compare ownership cost against renting. Mortgage $1.6M Estimate monthly payment from the sale price. Stamp duty $2,268 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
District context
Use D14 to compare Park Place Residences at Plq against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Park Place Residences at Plq FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Park Place Residences at Plq?
Park Place Residences at Plq has a latest 12-month median monthly rent of $4,400 across 173 rentals in that period.
What is the typical sale price at Park Place Residences at Plq?
The latest 12-month median sale price for Park Place Residences at Plq is $1,583,000, based on 18 sales in that period.
What is the median sale PSF at Park Place Residences at Plq?
The latest 12-month median sale price per square foot for Park Place Residences at Plq is $2,268 psf. The average for the same period is $2,262 psf.
Is Park Place Residences at Plq freehold or leasehold?
Park Place Residences at Plq is listed as 99-year leasehold from 2015. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Park Place Residences at Plq located?
Park Place Residences at Plq is located at 2 Paya Lebar Road Park Place Residences at Plq Singapore 409053 in D14 / Geylang, Eunos.
How current is the Park Place Residences at Plq transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.