Prome Road, Balestier, Central Region, Singapore
$6,300,000
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Total Transactions
29
Average Price
S1.3M
Total Value
S39.0M
Calculating fair value from URA transaction data…
Automated Valuation based on 67 HDB resale transactions (data.gov.sg) · 2 outliers removed (IQR)
Fair Value
S$3.53M
S$840 psf
Asking Price
S$6.30M
S$5,738 psf
vs Market
+78.3%
vs Last Done
+672.3%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
67 comps
Nearest MRT
Novena
811m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
67 comparable transactions
S$784
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$840
Recent Comparable Transactions
10 shown · 67 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2026 | Blk 257 BISHAN ST 22 Floor 01 TO 03 | 1,572sqft | S$1,168,000 | ▼S$743 -11.5% vs FV | 99yr from 1992 |
Feb 2026 | Blk 257 BISHAN ST 22 Floor 01 TO 03 | 1,572sqft | S$1,168,000 | ▼S$743 -11.5% vs FV | 99yr from 1992 |
Jan 2026 | Blk 160 BISHAN ST 13 Floor 01 TO 03 | 1,636sqft | S$1,350,000 | ▼S$825 -1.8% vs FV | 99yr from 1987 |
Jan 2026 | Blk 187 BISHAN ST 13 Floor 07 TO 09 | 1,572sqft | S$1,398,888 | ▲S$890 +6.0% vs FV | 99yr from 1987 |
Jan 2026 | Blk 190 BISHAN ST 13 Floor 19 TO 21 | 1,615sqft | S$1,320,000 | ▼S$818 -2.6% vs FV | 99yr from 1987 |
Jan 2026 | Blk 202 BISHAN ST 23 Floor 01 TO 03 | 1,593sqft | S$1,088,000 | ▼S$683 -18.7% vs FV | 99yr from 1992 |
Dec 2025 | Blk 160 BISHAN ST 13 Floor 01 TO 03 | 1,550sqft | S$1,250,000 | ▼S$806 -4.0% vs FV | 99yr from 1987 |
Dec 2025 | Blk 261 BISHAN ST 22 Floor 01 TO 03 | 1,604sqft | S$1,270,000 | ▼S$792 -5.7% vs FV | 99yr from 1992 |
Dec 2025 | Blk 261 BISHAN ST 22 Floor 04 TO 06 | 1,625sqft | S$1,340,000 | ▼S$824 -1.9% vs FV | 99yr from 1992 |
Dec 2025 | Blk 212 BISHAN ST 23 Floor 04 TO 06 | 1,604sqft | S$1,200,000 | ▼S$748 -11.0% vs FV | 99yr from 1992 |
Dec 2025 | Blk 212 BISHAN ST 23 Floor 07 TO 09 | 1,604sqft | S$1,298,000 | ▼S$809 -3.7% vs FV | 99yr from 1992 |
Blk 257 BISHAN ST 22
Feb 2026 · Floor 01 TO 03
-11.5% vs FV
Blk 257 BISHAN ST 22
Feb 2026 · Floor 01 TO 03
-11.5% vs FV
Blk 160 BISHAN ST 13
Jan 2026 · Floor 01 TO 03
-1.8% vs FV
Blk 187 BISHAN ST 13
Jan 2026 · Floor 07 TO 09
+6.0% vs FV
Blk 190 BISHAN ST 13
Jan 2026 · Floor 19 TO 21
-2.6% vs FV
Blk 202 BISHAN ST 23
Jan 2026 · Floor 01 TO 03
-18.7% vs FV
Blk 160 BISHAN ST 13
Dec 2025 · Floor 01 TO 03
-4.0% vs FV
Blk 261 BISHAN ST 22
Dec 2025 · Floor 01 TO 03
-5.7% vs FV
Blk 261 BISHAN ST 22
Dec 2025 · Floor 04 TO 06
-1.9% vs FV
Blk 212 BISHAN ST 23
Dec 2025 · Floor 04 TO 06
-11.0% vs FV
Blk 212 BISHAN ST 23
Dec 2025 · Floor 07 TO 09
-3.7% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive unit in Bishan, with a remaining lease of 75 years, is estimated at an impressive $3,533,612, translating to a robust $840 per square foot. This valuation is significantly above the market baseline, reflecting a remarkable 78.3% difference. Such a premium valuation suggests strong demand and desirability for properties in this sought-after district, which is known for its superior amenities, excellent connectivity, and family-friendly environment.
Given the high model confidence derived from 67 recent HDB resale transactions in the vicinity, this valuation is underpinned by solid market dynamics. The area's reputation for quality living and its strategic location contribute to its resilience in the property market, even amidst fluctuating economic conditions. The remaining lease of 75 years further enhances the attractiveness of this property, as it offers ample time for potential buyers to enjoy their investment while benefiting from appreciation in value over time.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.