Meragi Terrace, Simei, East Region, Singapore
$13,000,000
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Total Transactions
8
Average Price
S3.5M
Total Value
S27.9M
Calculating fair value from URA transaction data…
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Automated Valuation based on 109 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$5.27M
S$479 psf
Asking Price
S$13.00M
S$2,097 psf
vs Market
+146.9%
vs Last Done
+227.1%
Tenure
50 yrs
99-year Leasehold · Balance remaining
Confidence
High
109 comps
Nearest MRT
Upper Changi
415m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
109 comparable transactions
S$638
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.714
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$479
Recent Comparable Transactions
10 shown · 109 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneDec 2025 | Blk 10B BEDOK STH AVE 2 Floor 04 TO 06 | 1,561sqft | S$1,000,000 | ▲S$641 +33.8% vs FV | 99yr from 1995 |
Dec 2025 | Blk 10B BEDOK STH AVE 2 Floor 04 TO 06 | 1,561sqft | S$1,000,000 | ▲S$641 +33.8% vs FV | 99yr from 1995 |
Dec 2025 | Blk 106 LENGKONG TIGA Floor 01 TO 03 | 1,572sqft | S$1,200,000 | ▲S$764 +59.5% vs FV | 99yr from 1989 |
Sep 2025 | Blk 108 LENGKONG TIGA Floor 04 TO 06 | 1,572sqft | S$1,230,000 | ▲S$783 +63.5% vs FV | 99yr from 1989 |
Jul 2025 | Blk 10E BEDOK STH AVE 2 Floor 01 TO 03 | 1,572sqft | S$975,000 | ▲S$620 +29.4% vs FV | 99yr from 1993 |
Jun 2025 | Blk 108 LENGKONG TIGA Floor 04 TO 06 | 1,572sqft | S$1,210,800 | ▲S$770 +60.8% vs FV | 99yr from 1989 |
Apr 2025 | Blk 108 LENGKONG TIGA Floor 01 TO 03 | 1,658sqft | S$1,196,000 | ▲S$722 +50.7% vs FV | 99yr from 1989 |
Apr 2025 | Blk 106 LENGKONG TIGA Floor 07 TO 09 | 1,658sqft | S$1,270,000 | ▲S$766 +59.9% vs FV | 99yr from 1989 |
Apr 2025 | Blk 108 LENGKONG TIGA Floor 04 TO 06 | 1,572sqft | S$1,188,000 | ▲S$756 +57.8% vs FV | 99yr from 1989 |
Feb 2025 | Blk 10E BEDOK STH AVE 2 Floor 04 TO 06 | 1,572sqft | S$958,000 | ▲S$610 +27.3% vs FV | 99yr from 1993 |
Feb 2025 | Blk 106 LENGKONG TIGA Floor 01 TO 03 | 1,572sqft | S$1,180,000 | ▲S$751 +56.8% vs FV | 99yr from 1989 |
Blk 10B BEDOK STH AVE 2
Dec 2025 · Floor 04 TO 06
+33.8% vs FV
Blk 10B BEDOK STH AVE 2
Dec 2025 · Floor 04 TO 06
+33.8% vs FV
Blk 106 LENGKONG TIGA
Dec 2025 · Floor 01 TO 03
+59.5% vs FV
Blk 108 LENGKONG TIGA
Sep 2025 · Floor 04 TO 06
+63.5% vs FV
Blk 10E BEDOK STH AVE 2
Jul 2025 · Floor 01 TO 03
+29.4% vs FV
Blk 108 LENGKONG TIGA
Jun 2025 · Floor 04 TO 06
+60.8% vs FV
Blk 108 LENGKONG TIGA
Apr 2025 · Floor 01 TO 03
+50.7% vs FV
Blk 106 LENGKONG TIGA
Apr 2025 · Floor 07 TO 09
+59.9% vs FV
Blk 108 LENGKONG TIGA
Apr 2025 · Floor 04 TO 06
+57.8% vs FV
Blk 10E BEDOK STH AVE 2
Feb 2025 · Floor 04 TO 06
+27.3% vs FV
Blk 106 LENGKONG TIGA
Feb 2025 · Floor 01 TO 03
+56.8% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive unit in Bedok, with a remaining lease of 50 years, stands at an estimated value of $5,265,820, translating to a price per square foot (PSF) of $479. This valuation is significantly above the market baseline, showing a remarkable 146.9% difference, indicating a robust demand for HDB properties in this region. Such a premium valuation suggests a strong market sentiment, driven by the desirability of the Bedok area, which is known for its strategic location, comprehensive amenities, and excellent connectivity.
The model confidence in this valuation is classified as high, based on an extensive analysis of 109 recent HDB resale transactions in the vicinity. The data reflects a consistent trend of rising property values, driven by factors such as urban development, demographic shifts, and the ongoing appeal of public housing in Singapore. As the market evolves, properties with a shorter remaining lease may face headwinds; however, the unique characteristics of this HDB Executive unit, combined with its substantial valuation, underscore the dynamic nature of the Bedok real estate landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.