PAYA LEBAR GARDENS Review

Condo Review 4 min read Last reviewed
District 19 · Freehold · Completed 2026
~$3,127Avg PSF (12-month)
Total units
Category Ratings
Walkability
6.8
Investment
5.8
En-Bloc Potential
1.7
ShiokNest Score
4.8

Overview & Key Facts

PAYA LEBAR GARDENS is a freehold condominium at JALAN USAHA in District 19 (OCR), developed by , completed in 2026.

Developer
Tenure
Freehold
Total units
TOP year
2026
District
19 — OCR
Street
JALAN USAHA

Location & Connectivity

PAYA LEBAR GARDENS is approximately 480m from Bartley MRT station, with 4 stations within 1.5 km.

MRT stations near PAYA LEBAR GARDENS
StationLineDistance
BartleyCircle Line480m
Tai SengCircle Line1.2 km
SerangoonNorth-East Line1.2 km
SerangoonCircle Line1.2 km

Schools & Education

16 schools within 2 km (2 within 1 km priority zone).

Schools near PAYA LEBAR GARDENS
SchoolTypeDistance
Bartley Secondary SchoolSecondary760m
Red Swastika SchoolPrimary1 km
Zhonghua Secondary SchoolSecondary1 km
Zhonghua Primary SchoolPrimary1.1 km
Montfort Junior SchoolPrimary1.3 km
Cedar Girls' Secondary SchoolSecondary1.4 km
Montfort Secondary SchoolSecondary1.4 km
Cedar Primary SchoolPrimary1.5 km

Unit Mix & Pricing

Unit mix for PAYA LEBAR GARDENS
TypeSalesAvg PSFAvg Price
3 BR6$2,650 psf$3,417,815
4 BR7$2,182 psf$3,704,286

Market Position

PAYA LEBAR GARDENS has recorded 13 sales at an average price of $3,572,068.

PAYA LEBAR GARDENS sits at the 99th percentile of District 19 condo PSF.
$3,127 psf
Avg PSF (12mo)
$3,572,068
Avg Price
1.9%
Gross Yield
13
Total Sales

Price Appreciation

PSF trend for PAYA LEBAR GARDENS
YearSalesAvg PSFYoY
20222$1,780 psf
20233$2,274 psf↑ 27.7%
20246$2,423 psf↑ 6.6%
20251$2,501 psf↑ 3.2%
20261$3,754 psf↑ 50.1%

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The latest reading marks the highest point in this series — PAYA LEBAR GARDENS prices have climbed 110.9% since 2022.

Price Index Check

The ShiokNest Price Index for District 19 reads 137.0 as of June 2026 — up 2.0% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

District 19 competitors
CondoTenureAvg PSFSales
CHUAN PARK99 yrs lease commencing from 2024$2,596 psf883
THE FLORENCE RESIDENCES99 yrs lease commencing from 2018$1,751 psf869
RIVERFRONT RESIDENCES99 yrs lease commencing from 2018$1,595 psf642
AFFINITY AT SERANGOON99 yrs lease commencing from 2018$1,699 psf602
SERANGOON GARDEN ESTATEFreehold$1,757 psf487

What Could Work Against You

  • With just 2 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.

Who This Actually Suits

Buyers most likely to be happy here: families with young children and freehold / generational hold. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

international school families and yield-focused investors should treat this as a shortlist candidate, not a default choice.

first-time hdb upgraders and resort facilities should probably look elsewhere. OCR (Outside Central Region) pricing sits within reach of HDB upgraders banking proceeds from a mature-estate resale.


Verdict

PAYA LEBAR GARDENS is a freehold development in District 19 (OCR), offering a gross yield of 1.9%.

At ~$3,127 psf, it represents a competitive entry point in the OCR segment.

Explore the full PAYA LEBAR GARDENS dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing PAYA LEBAR GARDENS against staying public? These HDB towns sit within walking or short-drive distance:

  • Toa Payoh — 4-room average $929,793 (500m away), an upgrader gap of about $2,650,000
  • Hougang — 4-room average $630,510 (560m away), an upgrader gap of about $2,950,000
  • Serangoon — 4-room average $685,706 (810m away), an upgrader gap of about $2,900,000

FAQ

What is the average PSF for PAYA LEBAR GARDENS?
The 12-month average is approximately $3,127 psf.
Is PAYA LEBAR GARDENS freehold?
Yes, PAYA LEBAR GARDENS is a freehold property.
What is the rental yield for PAYA LEBAR GARDENS?
The estimated gross yield is 1.9%.
Which MRT is nearest to PAYA LEBAR GARDENS?
The nearest is Bartley MRT at 480m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 13 transactions
  • Rental data: 9 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of January 2026

Latest recorded data point: Jan 2026 · 13 records analysed · Source: URA private-sale caveats

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