23 Balam Road 370023, Macpherson, Central Region, Singapore
$339,000
3S Balam Rd Blk 23 #05 ▪️2 bed rm Utility room ▪️Upgraded (HIP) ▪️Nicely Renovated ▪️Full kitchen cabinet ▪️Quiet and Privacy ▪️Living rm facing South ▪️Entrance facing South ▪️Near to Shops, Market & Eateries ▪️mins to MRT ▪️60sqm / 646sqft ▪️Asking at $339K Blk 23 Balam Rd (S370023) Lease Start Date: 1st Jan 1967 Lease Balance: 39yrs 10mth (59yrs 2mths) (As at date of enquiry March 2026) ☎️For all Enquiries & Viewing Saz 9025XXXX / Zar 9474XXXX PropNex Realty Pte Ltd All Other Enquiries Welcome 21 years experience in Real Estate ▪️HDB / Private houses / Condo ▪️HDB Policy, / Housing Grants ▪️Fiancé / Singles / Family scheme ▪️Divorce Estate ▪️Bankruptcies Cases ▪️Reposes Cases ▪️Refinance Mortgage For all Enquiries / Free Consultation Saz 9025XXXX / Zar 9474XXXX PropNex Realty Pte Ltd All Other Enquiries Welcome 25 years experience in Real Estate ▪️HDB / Private houses / Condo ▪️1st Timer Purchase - HDB resale ▪️Fiancé / Singles / Family scheme ▪️Retirees selling after age 55 yrs ▪️Housing Grants $10K to $230k ▪️Divorce & Estate matters ▪️Bankruptcies Cases ▪️Reposes Cases ▪️HDB / Bank loan / Refinance Mortgage A Must View Unit Pls Call / SMS / Whatsapp: Zar 9474XXXX Saz 9025XXXX PropNex Realty Pte Ltd EMAIL : saz.propnex@gmail.com zarwright.propnex@gmail.com WEBSITE : https://bit.ly/sazalipropnex www.99.co FB PAGE : https://www.facebook.com/SazaliPropnex/
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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 10 HDB resale transactions (data.gov.sg)
Fair Value
S$212,085
S$290 psf
Asking Price
S$339,000
S$464 psf
vs Market
+59.8%
vs Last Done
-7.4%
Tenure
40 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Medium
10 comps
Nearest MRT
Tai Seng
566m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
10 comparable transactions
S$498
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.571
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$290
Recent Comparable Transactions
10 shown · 10 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 23 BALAM RD Floor 01 TO 03 | 649sqft | S$325,000 | ▲S$501 +72.8% vs FV | 99yr from 1967 |
Mar 2026 | Blk 23 BALAM RD Floor 01 TO 03 | 649sqft | S$325,000 | ▲S$501 +72.8% vs FV | 99yr from 1967 |
Jan 2026 | Blk 23 BALAM RD Floor 07 TO 09 | 649sqft | S$302,000 | ▲S$465 +60.3% vs FV | 99yr from 1967 |
Sep 2025 | Blk 23 BALAM RD Floor 01 TO 03 | 649sqft | S$290,000 | ▲S$447 +54.1% vs FV | 99yr from 1967 |
Aug 2025 | Blk 23 BALAM RD Floor 07 TO 09 | 649sqft | S$323,800 | ▲S$499 +72.1% vs FV | 99yr from 1967 |
Apr 2025 | Blk 23 BALAM RD Floor 04 TO 06 | 649sqft | S$322,000 | ▲S$496 +71.0% vs FV | 99yr from 1967 |
Mar 2025 | Blk 23 BALAM RD Floor 07 TO 09 | 649sqft | S$335,000 | ▲S$516 +77.9% vs FV | 99yr from 1967 |
Jan 2025 | Blk 23 BALAM RD Floor 04 TO 06 | 649sqft | S$305,000 | ▲S$470 +62.1% vs FV | 99yr from 1967 |
Jan 2025 | Blk 23 BALAM RD Floor 04 TO 06 | 649sqft | S$330,000 | ▲S$508 +75.2% vs FV | 99yr from 1967 |
Jan 2025 | Blk 23 BALAM RD Floor 07 TO 09 | 649sqft | S$353,088 | ▲S$544 +87.6% vs FV | 99yr from 1967 |
Jan 2025 | Blk 23 BALAM RD Floor 07 TO 09 | 649sqft | S$345,000 | ▲S$532 +83.4% vs FV | 99yr from 1967 |
Blk 23 BALAM RD
Mar 2026 · Floor 01 TO 03
+72.8% vs FV
Blk 23 BALAM RD
Mar 2026 · Floor 01 TO 03
+72.8% vs FV
Blk 23 BALAM RD
Jan 2026 · Floor 07 TO 09
+60.3% vs FV
Blk 23 BALAM RD
Sep 2025 · Floor 01 TO 03
+54.1% vs FV
Blk 23 BALAM RD
Aug 2025 · Floor 07 TO 09
+72.1% vs FV
Blk 23 BALAM RD
Apr 2025 · Floor 04 TO 06
+71.0% vs FV
Blk 23 BALAM RD
Mar 2025 · Floor 07 TO 09
+77.9% vs FV
Blk 23 BALAM RD
Jan 2025 · Floor 04 TO 06
+62.1% vs FV
Blk 23 BALAM RD
Jan 2025 · Floor 04 TO 06
+75.2% vs FV
Blk 23 BALAM RD
Jan 2025 · Floor 07 TO 09
+87.6% vs FV
Blk 23 BALAM RD
Jan 2025 · Floor 07 TO 09
+83.4% vs FV
HELIOS AI Analysis
The valuation of the HDB 3-room unit located in Geylang, with a remaining lease of 40 years, presents a compelling case within the current market dynamics. With an estimated value of $212,085, translating to a price per square foot (PSF) of $290, this property is positioned significantly above market expectations, recording a 59.8% difference from the baseline valuation. This premium valuation indicates a strong demand for HDB units in the Geylang area, which is characterized by its vibrant community and proximity to essential amenities.
Given that the model confidence is categorized as medium, it is crucial to consider the influences that drive such elevated pricing. The analysis is based on 10 recent HDB resale transactions in the vicinity, suggesting that the local market sentiment is robust, potentially fueled by factors such as urban redevelopment plans and enhanced connectivity through upcoming infrastructure projects. Prospective buyers should be cognizant of the property's remaining lease, as a 40-year tenure can influence long-term investment decisions, yet the current market signals reflect a noteworthy appetite for properties that offer strategic location advantages and lifestyle benefits.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.