142 Jalan Bukit Merah 160142, Kampong Tiong Bahru, Central Region, Singapore
$480,000
New Listing ! For SALE $450k Flat Details : Floor Size: 721 sqft (67sqm ) Lease Start : 1976 Remaining Lease: 52yrs old Mid Floor Renovated Unit Facing Greenery Amenities: Nearest MRT : Keppel Tiong Bahru Nearest Primary School ( >1km) CHIJ (Kellock) Radin Mas Pri Zhange Pri Nearest Supermarkets: Hao Mart Fairprice (Silat) Nearest Food Ctr: Blk 112 Blk 36 Telok blangah Rise Tiong Bahru Mkt Nearest Mall: Tiong Bahru Plaza Vivocity Harbourfront Centre 100M People Park Complex Marketed By : Max Poh / Celeste Phua http://wa.me/659816XXXX Bukit Merah / Queenstown / Central Agent Since 2006 - PropNex Top HDB Transactor (15times) - Propnex 5 Stars Rated Salesperson - SEAA Two Times Platinum Award Winner (Industry Highest Honor Award) - Platinum Achiever (4times) - PNex Top Producer For 15Consec Yrs - Ron Kaufman Service Excellence Award Winner Our Profile: www.srx.com.sg/maxpoh We Specialize In District 3: Tiong Bahru Road Jalan Membina Kim Tian Road Kim Tian Place Redhill Close Redhill Lane Redhill Road Bukit Merah View Henderson Road Lengkok Bahru Depot Road Telok Blangah Heights Telok Blangah Crescent Telok Blangah Drive Delta Road Delta Avenue Havelock Road Zion road Boon Tiong Road Tiong Bahru Road Cantonment close Cantonment Road Queenstown: Stirling road Mei ling street Strathmore Avenue Dawson road Tanglin halt road Holland Close Holland Drive Holland Avenue Ghim moh Link Gim Moh Road Dover crescent
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…


License: L3008022J
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Automated Valuation based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$309,886
S$430 psf
Asking Price
S$480,000
S$666 psf
vs Market
+54.9%
vs Last Done
+14.4%
Tenure
51 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Tiong Bahru
1039m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$590
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.729
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$430
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneNov 2025 | Blk 142 JLN BT MERAH Floor 04 TO 06 | 721sqft | S$420,000 | ▲S$582 +35.3% vs FV | 99yr from 1979 |
Nov 2025 | Blk 142 JLN BT MERAH Floor 04 TO 06 | 721sqft | S$420,000 | ▲S$582 +35.3% vs FV | 99yr from 1979 |
Sep 2025 | Blk 142 JLN BT MERAH Floor 07 TO 09 | 721sqft | S$430,888 | ▲S$597 +38.8% vs FV | 99yr from 1979 |
Blk 142 JLN BT MERAH
Nov 2025 · Floor 04 TO 06
+35.3% vs FV
Blk 142 JLN BT MERAH
Nov 2025 · Floor 04 TO 06
+35.3% vs FV
Blk 142 JLN BT MERAH
Sep 2025 · Floor 07 TO 09
+38.8% vs FV
HELIOS AI Analysis
The valuation of the HDB 3-room unit located in Bukit Merah, with a remaining lease of 51 years, stands at an estimated value of $309,886, translating to a price per square foot (PSF) of $430. This valuation situates the property significantly above the market baseline, reflecting a notable 54.9% premium. Such a divergence from the baseline indicates a potential overvaluation within the current market context, necessitating a careful examination of the underlying factors influencing this price point.
While the current valuation is buoyed by the proximity to recent HDB resale transactions in the vicinity, the model confidence remains low. This uncertainty may stem from various market dynamics, including fluctuating demand patterns and the age of the lease. Given that the property has slightly over five decades remaining on its lease, buyers may exhibit caution, particularly in a market where lease longevity is increasingly scrutinized. As such, potential investors should weigh the premium value against the associated risks of lease decay and market volatility.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.