Park Place Residences at Plq rent and sale price

D14 / Geylang, Eunos

Park Place Residences At Plq market snapshot with median rent, sale price, sale PSF and transaction counts
Address 2 Paya Lebar Road Park Place Residences at Plq Singapore 409053
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Typical rent $4,000 959 rentals
Typical sale price $1,475,000 103 sales
Typical sale PSF $2,230 psf Average $2,210 psf
Estimated gross yield 3.3% Median annual rent / median sale
Apartment, Non-Landed Properties 1,062 transactions 99-year leasehold from 2015 Latest records Jun 2026
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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 959 rentals and 103 sales. Park Place Residences at Plq is near PAYA LEBAR MRT STATION (CC9), about 0.17 km away.

For rent checks, start with the project median of $4,000 per month and compare it with the observed size-band range of $3,700 to $6,400. For sale checks, start with the median sale price of $1,475,000 and median sale PSF of $2,230 psf, then compare floor-band evidence from $1,450,000 to $1,575,000 and PSF from $2,045 psf to $2,252 psf.

Park Place Residences at Plq Market Position

How this project compares with the wider D14 market before you read the detailed tables.

Rent vs D14 +17.6%

Rents above district median

Park Place Residences at Plq's median rent is $4,000 compared with the D14 median of $3,400. Use this as the district-level check before narrowing by bedroom and area band.

Sale PSF vs D14 +35.3%

Sale PSF above district median

Park Place Residences at Plq's median sale PSF is $2,230 psf versus the D14 median of $1,648 psf. A premium should be explained by tenure, condition, floor, view or scarcity.

Rent support 3.25%

Rent support near district screen

Gross yield is roughly 3.25% versus a D14 screen of 2.98%. Treat this as a first-pass rent support signal before costs, vacancy and financing.

Rent stability 19.9% spread

Rent has some movement

Recent rents moved enough that bedroom count, area band and latest contracts matter.

Market activity -33.6%

Activity is lighter

77 recent transactions versus 116 in 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.

Park Place Residences at Plq Decision Snapshot

Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.

Median rent $4,000

Is the asking rent fair?

$3,800 to $4,200 is the first fair-rent band to check. Above $4,200 should have a visible reason.

Median sale PSF $2,230 psf

Is the purchase price fair?

$1,430,000 to $1,520,000 and $2,160 to $2,300 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 19.9% spread

Is rent stable here?

Rent has some movement. Recent rents moved enough that bedroom count, area band and latest contracts matter.

Transaction volume -33.6%

Is activity rising?

Activity is lighter. 77 recent transactions versus 116 in the prior 6-month view.

Run Park Place Residences at Plq numbers

Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.

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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 86 resale transactions, 17 sub sale transactions
Total sold value $161.0M

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 959 Jun 2021 to May 2026
Sale transactions 103 Jun 2021 to Jun 2026
Rent trend 4.0% Last 3 months
Sale PSF trend -5.5% Last 3 months

Park Place Residences at Plq Location

Nearest transport, schools and daily conveniences around the project.

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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
SHENG SIONG HOUGANG RIVERCOURT Daily needs · 5.28 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

Projects Similar to Park Place Residences at Plq

Same district, ranked by similar rent, sale PSF and transaction depth.

View D14

Park Place Residences at Plq Rent by Bedrooms

Monthly rent by recorded bedroom count.

Bedrooms Median rent Average rent Transactions
1 bed $3,700 $3,545 377
2 bed $4,500 $4,386 504
3 bed $6,400 $6,218 78

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 $3,552 364
500 to 600 sqft $3,500 $3,365 13
600 to 700 sqft $4,500 $4,350 459
700 to 800 sqft $4,900 $4,740 42
900 to 1,000 sqft $5,100 $4,967 3
1,000 to 1,100 sqft $6,300 $6,162 50
1,100 to 1,200 sqft $6,500 $6,413 24
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 $2,215 psf 40
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

$3,800 1 bed · 400 to 500 sqft · May 2026
$3,650 1 bed · 400 to 500 sqft · May 2026
$3,800 1 bed · 400 to 500 sqft · May 2026
$3,800 1 bed · 400 to 500 sqft · May 2026
$4,800 2 bed · 600 to 700 sqft · May 2026
$3,800 1 bed · 400 to 500 sqft · May 2026
$4,750 2 bed · 600 to 700 sqft · May 2026
$3,800 1 bed · 400 to 500 sqft · May 2026

Sales

$1,610,000 667 sqft · $2,412 psf · 16 to 20 · Jun 2026
$2,750,000 1,367 sqft · $2,012 psf · 01 to 05 · May 2026
$1,485,000 646 sqft · $2,299 psf · 11 to 15 · May 2026
$1,060,000 484 sqft · $2,188 psf · 11 to 15 · Apr 2026
$1,570,000 667 sqft · $2,353 psf · 11 to 15 · Mar 2026
$1,090,000 484 sqft · $2,250 psf · 11 to 15 · Feb 2026
$2,480,000 1,087 sqft · $2,281 psf · 06 to 10 · Jan 2026
$1,595,000 678 sqft · $2,352 psf · 06 to 10 · Jan 2026

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 signal Strong Good project-level rent anchor
Sale signal Strong Good project-level sale anchor
Rent negotiation

If you are renting

Park Place Residences at Plq shows a typical monthly rent of $4,000 across 959 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.

Median rent $4,000
Rentals 959
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

Recent sales at Park Place Residences at Plq point to a typical sale price of $1,475,000 and $2,230 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.

Median sale $1,475,000
Median PSF $2,230 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 103 sales on this page, so pricing should be checked against actual recent contracts before listing.

Sale signal Strong
Total sold value $161.0M
Latest record Jun 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.

District context

Use D14 to compare Park Place Residences at Plq against the wider area.

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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 median monthly rent of $4,000 across 959 rentals.

What is the typical sale price at Park Place Residences at Plq?

The median sale price for Park Place Residences at Plq is $1,475,000, based on 103 sales on this page.

What is the median sale PSF at Park Place Residences at Plq?

The median sale price per square foot for Park Place Residences at Plq is $2,230 psf. The average sale PSF is $2,210 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.