2 Paya Lebar Road, Singapore 409053; 4 Paya Lebar Road, Singapore 409054; 6 Paya Lebar Road, Singapore 409055; 8 Paya Lebar Road, Singapore 409056
Park Place Residences is Paya Lebar’s interchange address: 429 units sitting within 500m of the Paya Lebar Circle and East-West Line interchange, though URA has recorded zero resale transactions here in 2025 and 2026. The 99-year leasehold project at 2, 4, 6 and 8 Paya Lebar Road was completed in 2019 by Roma Central, Milano Central and Verona Capital. Three towers of 17 storeys across 33 stacks hold the count.
The MRT is the location’s whole argument. Paya Lebar station (CC9/EW8) sits within a 500m walk, a Circle and East-West interchange with direct runs to Raffles Place, Bugis, Bishan and Buona Vista. Dakota (CC8) also falls within 1km, and the Paya Lebar Quarter offices, malls and dining sit around the same junction.
Two primary schools sit within the 1km priority band: Geylang Methodist School (Primary) and Kong Hwa School. Under MOE’s P1 registration framework, home-school distance decides ballot priority in the later phases. Our P1 registration guide walks through the phases.
The mix is city-focused: 117 one-bedders, 234 two-bedders and 78 three-bedders, with no four- or five-bedroom units at all. More than half the tower is one- and two-bedroom stock, aimed squarely at the professionals working the surrounding offices.
On tenure: the 99-year lease runs from 29 June 2015, which leaves roughly 88 years as of 2026. That clock is young for the district, and it sits alongside a resale record that is, honestly, still empty.
| UNIT TYPE | TOTAL | SIZES | UNIT MIX | FLOORPLANS |
|---|---|---|---|---|
| 1 Bedroom | 117 | 474 - 581 | 27.27% | A1, A2 |
| 2 Bedroom | 234 | 646 - 904 | 54.55% | B2, C1 - C4 |
| 3 Bedroom | 78 | 1,076 - 1,367 | 18.18% | E1, F1 |
| Overall | 429 | 474 - 1,367 | 100.00% |
The Geylang East subzone holds 100 projects and about 6,204 units, mostly older freehold boutique blocks under 100 units each. Park Place Residences is the rare large-scale, interchange-adjacent exception, but its resale market has not printed a single URA transaction since 2025 began. The 4 sections below work with what the record does and does not show.
Park Place Residences has no resale transactions recorded with URA across 2025 and 2026. That is an honest gap, not a typo, and it means no median psf can be quoted for the project itself yet.
What the subzone shows instead: Parc Esta (TOP 2022, 1,399 units, 99-year) traded at a median $2,289 psf across 191 transactions in the same window, while Carpmael Thirty-Eight (TOP 2020, freehold, 16 units) printed a single transaction at $1,811 psf. Across the wider subzone, prices span from about $1,239 psf at the oldest 99-year stock up to $2,496 psf at Claydence, a 2025 freehold launch. Park Place Residences sits between those two tenure worlds: newer than most, but leasehold at a scale nothing else here matches.
With zero comparable prints of its own, the honest starting point for a Park Place Residences offer is the subzone band above, adjusted for the 99-year tenure and the interchange location. That is exactly the kind of read we run before any client offers here.
Eyeing a specific stack? We pull the latest transactions before you offer, honest advice, no pressure. WhatsApp us
The recorded size ladder covers 2- and 3-bedders only:
2-bedders, 646 to 904 sqft, mostly 2 baths.
3-bedders, 1,076 to 1,367 sqft, 2 to 3 baths, one variant with a store.
The JSON floor plan record has no 1-bedder entries despite 117 one-bedroom units in the count, so that band cannot be priced here. Layouts across the recorded formats are compact and efficient, built for tenants and small households rather than multi-generation families, and the absence of any 4-bedroom or larger format confirms the building’s city-professional brief.
Supply: the Geylang East subzone holds 100 projects totalling about 6,204 units. Parc Esta (2022, 1,399 units) is the last large-scale launch here, and most new supply since has been small freehold blocks under 40 units, like Claydence, Atlassia and Koon Seng House. Park Place Residences remains the newest big-scale, interchange-facing tower in the pocket.
Demand: Geylang town holds about 14,411 four-room and larger HDB flats already past their Minimum Occupation Period, the natural upgrader pool for a project this size. Over the last 12 months the median Geylang 4-room resale sold for $702,500 and the median 5-room for $915,000, so a paid-up flat is a meaningful deposit toward a home here, even without a Park Place Residences price to measure it against yet.
Rental: the JSON shows no leases recorded here since January 2025, which is as thin as the sales record. With 351 of the 429 units sized as 1- and 2-bedders, the building is built to let, but we cannot quote a yield honestly without transacted rents to work from.
The honest take: zero resale prints and zero recorded leases is a real gap for a 429-unit tower completed in 2019, and any offer here should be priced off the subzone comparables above until Park Place Residences builds its own track record. Our rental yield guide covers how we read letting numbers once data exists, and the URA Master Plan shows what is still coming to the Paya Lebar corridor.
City professionals who want an interchange at the door, investors comfortable buying into a thin but improving resale record, and buyers priced out of Parc Esta’s premium who still want near-new stock in the same subzone. The absence of any 4-bedroom unit means growing families should look elsewhere.
Families wanting real space are better served by Parc Esta or, further into the district, The Continuum. For city-focused buyers willing to be early on the resale curve, Park Place Residences is the interchange play in Geylang East.
Thinking about Park Place Residences?
Before you offer, speak to us. We will run the stack you are eyeing against the subzone comparables and give you an honest read, no pressure either way. WhatsApp us
Park Place Residences has 3 blocks of 17 storeys.
Park Place Residences rises 17 storeys across 3 blocks.
Park Place Residences has 429 residential units.
Park Place Residences offers 1 Bedroom (474 to 581 sqft), 2 Bedroom (646 to 904 sqft), 3 Bedroom (1,076 to 1,367 sqft).
The floor plans we hold for Park Place Residences are shown on this page. For the full set, a specific stack, or an unblocked-facing recommendation, WhatsApp us and we’ll send them over.
Park Place Residences sits on a site of about 20,694 sqm (roughly 222,700 sqft).
Park Place Residences is 99-year leasehold (lease from Jun 2015).
No, Park Place Residences is a 99-year leasehold development (lease from Jun 2015).
Park Place Residences is developed by Roma Central, Milano Central & Verona Capital.
Park Place Residences is at 2 Paya Lebar Road, Singapore 409053 – about 150m from Paya Lebar MRT (CC9/EW8).
Park Place Residences is in District 14 (Geylang, Eunos), in the Rest of Central Region (RCR).
The nearest MRT is Paya Lebar (CC9/EW8), about 150m away. Dakota (CC8) is also within 1km.
Schools within 1km of Park Place Residences: Geylang Methodist School (Primary), Kong Hwa School.
Primary schools within 2km of Park Place Residences: Geylang Methodist School (Primary), Kong Hwa School, Canossa Catholic Primary School, Haig Girls’ School, Maha Bodhi School and Tanjong Katong Primary School. Of these, Geylang Methodist School (Primary) and Kong Hwa School fall inside the 1km P1 registration radius. Secondary options nearby include Tanjong Katong Secondary School, Broadrick Secondary School, Chung Cheng High School (Main) and Manjusri Secondary School.
Shopping malls within about 2km of Park Place Residences include Tanjong Katong Complex, City Plaza, Grandlink Square, Paya Lebar Square, Kinex and SingPost Centre.
Park Place Residences has seen average rental yields of about 4.1% based on recent transactions, and the nearest MRT, Paya Lebar (CC9/EW8), is about 150m away. As with any RCR project, your entry price matters more than the address – speak to us for a detailed breakdown before committing.
Park Place Residences is a good fit for school-focused families – Geylang Methodist School (Primary), Kong Hwa School are within 1km.
Park Place Residences is a 99-year leasehold integrated development in District 14 developed by Roma Central, Milano Central & Verona Capital, MILANO CENTRAL, VERONA CAPITAL, comprising 429 units across 3 blocks. It obtained TOP in 2019.
Park Place Residences obtained TOP in 2019.
Park Place Residences is fully completed – TOP was obtained in 2019. Units are now available on the resale market.
Yes. Foreigners can buy Park Place Residences because it is a private residential development. Foreigners pay 60% Additional Buyer’s Stamp Duty (ABSD) on top of the purchase price.
Park Place Residences is a completed development, so there is no showflat. Viewings of available resale units can be arranged with our sales team.
You can book a viewing with our appointed sales team:
Kelvin Sin 9722 2222
Chew Peixuan 9101 5301
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