Mixed Use · Paya Lebar
Elevate Paya Lebar Central
60 Paya Lebar Road, Singapore 409051
An integrated development of 340 residences, 320,000 sq ft of office and a two-level retail street above Paya Lebar MRT.
Overview
The development
Elevate Paya Lebar Central sits directly above the Paya Lebar MRT interchange, combining 340 residences, 320,000 square feet of decentralised Grade A office and a landscaped two-level retail street. The scheme is positioned ahead of the Paya Lebar Airbase relocation, which will release 800 hectares and lift building height limits across the east.
Investment highlights
- Direct connection to Paya Lebar MRT interchange (EW/CC)
- Paya Lebar Airbase redevelopment upside from 2030
- Decentralised Grade A office at 65% of CBD rents
- Two-level retail street under single management
- Deep eastern-region upgrader catchment
- Developer
- Elevate Properties & Frasers Property
- District
- District 14
- Tenure
- 99-year leasehold from 2023
- Classification
- Mixed Use
- Construction stage
- Superstructure — level 20 of 32 cast
- Completion
- Q1 2028
- Total scale
- 340 residences · 320,000 sq ft office
- Price from
- S$1.18M
- Price range
- S$2,120 – S$2,430 psf
- Blended ROI
- 8.3% p.a. blended
- Rental yield
- 3.7 – 4.4%
- Capital appreciation
- 6.4% p.a. (5-year precinct average)
Construction progress
Where the build stands today
Unit types
Pricing and returns by unit
| Unit type | Floor area | Starting price | Current market | Down payment | Installments | Monthly | Rental income | Yield | Appreciation |
|---|---|---|---|---|---|---|---|---|---|
| One Bedroom Residence | 570 sq ft (53 sqm) | S$1,180,000 | S$1,240,000 | S$236,000 (20%) | 42 months to TOP | S$4,180 | S$3,700 / month | 3.8% | 6.2% p.a. |
| Two Bedroom Residence | 829 sq ft (77 sqm) | S$1,760,000 | S$1,850,000 | S$352,000 (20%) | 42 months to TOP | S$6,230 | S$5,600 / month | 3.8% | 6.4% p.a. |
| Three Bedroom Residence | 1,141 sq ft (106 sqm) | S$2,420,000 | S$2,540,000 | S$484,000 (20%) | 42 months to TOP | S$8,560 | S$7,800 / month | 3.9% | 6.5% p.a. |
| Office Suite | 1,507 sq ft (140 sqm) | S$3,240,000 | S$3,400,000 | S$648,000 (20%) | 42 months to TOP | S$11,460 | S$11,900 / month | 4.4% | 6.0% p.a. |
| Retail Unit | 1,076 sq ft (100 sqm) | S$3,660,000 | S$3,840,000 | S$732,000 (20%) | 42 months to TOP | S$12,950 | S$13,400 / month | 4.4% | 6.1% p.a. |
All units are sold under the Progressive Payment Scheme. Monthly figures assume 75% financing at 3.5% over 25 years from Temporary Occupation Permit. Indicative only.
Payment plan
Progressive payment schedule
5%
Booking fee (Option to Purchase)
On reservation
15%
Exercise of Sale & Purchase Agreement
Within 8 weeks
10%
Completion of foundation works
Certified milestone
10%
Completion of reinforced concrete framework
Certified milestone
5%
Completion of brick walls
Certified milestone
5%
Completion of roofing and ceiling
Certified milestone
5%
Completion of door and window frames
Certified milestone
5%
Completion of car park, roads and drains
Certified milestone
25%
Temporary Occupation Permit (TOP)
On handover
15%
Certificate of Statutory Completion
12 months after TOP
Gallery
Renders, interiors, amenities and plans
20 professionally organised images across exterior, interior, workspace, amenities, plans and construction progress.
Amenities
Facilities
- Level 12 residents' pool deck and clubhouse
- Two-level retail and dining street
- Office sky lounge and meeting suites
- Landscaped urban park at grade
- Fitness club and tennis court
- Childcare centre and enrichment suites
- Community event lawn
- 620-bay basement car park
Location
Exact position & connectivity
Neighbourhood
What's nearby
MRT stations
- Paya Lebar (EW/CC) — direct link
- Dakota (CC) — 6 min walk
- Eunos (EW) — 4 min drive
Schools
- Kong Hwa School
- Geylang Methodist School
- Canadian International School
Shopping centres
- Paya Lebar Quarter
- SingPost Centre
- Kinex
Hospitals
- Parkway East Hospital
- Mount Alvernia Hospital
- Bright Vision Hospital
FAQ
Frequently asked questions
Enquire
Request the full pack
Brochure, floor plans, price list and payment schedule sent within one business day.
Also available