28 Jalan Bahagia 320028, Balestier, Central Region, Singapore
$2,800 /month
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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 21 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$199,605
S$332 psf
Asking Price
S$2,800
S$5 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
45 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
High
21 comps
Nearest MRT
Boon Keng
766m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
21 comparable transactions
S$506
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.643
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$332
Recent Comparable Transactions
10 shown · 21 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2026 | Blk 22 SIN MING RD Floor 01 TO 03 | 732sqft | S$366,000 | ▲S$500 +50.6% vs FV | 99yr from 1973 |
Feb 2026 | Blk 22 SIN MING RD Floor 01 TO 03 | 732sqft | S$366,000 | ▲S$500 +50.6% vs FV | 99yr from 1973 |
Jan 2026 | Blk 23 SIN MING RD Floor 10 TO 12 | 700sqft | S$300,000 | ▲S$429 +29.2% vs FV | 99yr from 1973 |
Jan 2026 | Blk 22 SIN MING RD Floor 04 TO 06 | 732sqft | S$388,000 | ▲S$530 +59.6% vs FV | 99yr from 1973 |
Jan 2026 | Blk 23 SIN MING RD Floor 10 TO 12 | 700sqft | S$390,000 | ▲S$557 +67.8% vs FV | 99yr from 1973 |
Dec 2025 | Blk 23 SIN MING RD Floor 04 TO 06 | 700sqft | S$368,000 | ▲S$526 +58.4% vs FV | 99yr from 1973 |
Oct 2025 | Blk 24 SIN MING RD Floor 04 TO 06 | 700sqft | S$387,500 | ▲S$554 +66.9% vs FV | 99yr from 1973 |
Jul 2025 | Blk 24 SIN MING RD Floor 10 TO 12 | 700sqft | S$368,000 | ▲S$526 +58.4% vs FV | 99yr from 1973 |
Jun 2025 | Blk 22 SIN MING RD Floor 01 TO 03 | 732sqft | S$336,000 | ▲S$459 +38.3% vs FV | 99yr from 1973 |
Jun 2025 | Blk 22 SIN MING RD Floor 10 TO 12 | 732sqft | S$388,888 | ▲S$531 +59.9% vs FV | 99yr from 1973 |
May 2025 | Blk 24 SIN MING RD Floor 04 TO 06 | 700sqft | S$368,000 | ▲S$526 +58.4% vs FV | 99yr from 1973 |
Blk 22 SIN MING RD
Feb 2026 · Floor 01 TO 03
+50.6% vs FV
Blk 22 SIN MING RD
Feb 2026 · Floor 01 TO 03
+50.6% vs FV
Blk 23 SIN MING RD
Jan 2026 · Floor 10 TO 12
+29.2% vs FV
Blk 22 SIN MING RD
Jan 2026 · Floor 04 TO 06
+59.6% vs FV
Blk 23 SIN MING RD
Jan 2026 · Floor 10 TO 12
+67.8% vs FV
Blk 23 SIN MING RD
Dec 2025 · Floor 04 TO 06
+58.4% vs FV
Blk 24 SIN MING RD
Oct 2025 · Floor 04 TO 06
+66.9% vs FV
Blk 24 SIN MING RD
Jul 2025 · Floor 10 TO 12
+58.4% vs FV
Blk 22 SIN MING RD
Jun 2025 · Floor 01 TO 03
+38.3% vs FV
Blk 22 SIN MING RD
Jun 2025 · Floor 10 TO 12
+59.9% vs FV
Blk 24 SIN MING RD
May 2025 · Floor 04 TO 06
+58.4% vs FV
HELIOS AI Analysis
The valuation of the HDB 3-room unit in Bishan reflects a calculated estimate of $199,605, translating to a price per square foot of $332. This valuation is grounded in a robust analysis of the local market dynamics, particularly considering the remaining lease of 45 years, which is a significant factor in determining property value in Singapore's tightly regulated housing market. The analysis is supported by data from 21 recent HDB resale transactions in the vicinity, providing a comprehensive basis for the estimated value.
With a market signal indicating 0% difference from the baseline, it suggests that the property is appropriately priced within the existing market context, reflecting stability in demand for HDB units in Bishan. The high model confidence further reinforces the reliability of this valuation, indicating that the property holds a consistent market position amidst ongoing housing trends. As Bishan continues to be a sought-after location due to its strategic connectivity and amenities, this valuation is a testament to the resilience of the HDB market, even as lease durations evolve.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.