573b Woodlands Drive 16 732573, Woodlands South, North Region, Singapore
$3,000 /month
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Estimated sale value based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$519,784
S$710 psf
Asking Price
S$3,000
S$5 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
91 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Admiralty
1140m away
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$676
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$710
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2024 | Blk 573B WOODLANDS DR 16 Floor 10 TO 12 | 732sqft | S$495,000 | ▼S$676 -4.8% vs FV | 99yr from 2018 |
Aug 2024 | Blk 573B WOODLANDS DR 16 Floor 10 TO 12 | 732sqft | S$495,000 | ▼S$676 -4.8% vs FV | 99yr from 2018 |
Blk 573B WOODLANDS DR 16
Aug 2024 · Floor 10 TO 12
-4.8% vs FV
Blk 573B WOODLANDS DR 16
Aug 2024 · Floor 10 TO 12
-4.8% vs FV
HELIOS AI Analysis
The valuation of the HDB 3-room unit in Woodlands, with a remaining lease of 91 years, stands at an estimated value of $519,784, equating to $710 per square foot (PSF). This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently priced at the market equilibrium. Such stability in pricing can be indicative of a balanced demand and supply landscape in the Woodlands area, where the recent transaction data shows limited fluctuations.
However, it is crucial to note that the model confidence for this valuation is classified as low, primarily due to the analysis being based on only one recent HDB resale transaction in the vicinity. This scarcity of data points may hinder a comprehensive understanding of the market dynamics at play. Potential buyers and investors should consider the implications of the remaining lease period, as properties with longer leases typically command a premium, reflecting the buyer's confidence in long-term investment stability. In this context, the Woodlands area continues to attract attention, yet the overall market sentiment remains cautious amidst fluctuating economic conditions.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.