Jalan Kelichap, Tai Seng, North-east Region, Singapore
$4,600,000
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Total Transactions
20
Average Price
S2.4M
Total Value
S47.9M
Calculating fair value from URA transaction data…
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Automated Valuation based on 115 HDB resale transactions (data.gov.sg)
Fair Value
S$1.04M
S$435 psf
Asking Price
S$4.60M
S$2,706 psf
vs Market
+340.7%
vs Last Done
+308.8%
Tenure
45 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
High
115 comps
Nearest MRT
Bartley
521m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
115 comparable transactions
S$663
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$435
Recent Comparable Transactions
10 shown · 115 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▲S$662 +52.2% vs FV | 99yr from 1989 |
Mar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▲S$662 +52.2% vs FV | 99yr from 1989 |
Dec 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,180,000 | ▲S$751 +72.6% vs FV | 99yr from 1989 |
May 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,604sqft | S$1,200,000 | ▲S$748 +72.0% vs FV | 99yr from 1989 |
Apr 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,190,000 | ▲S$757 +74.0% vs FV | 99yr from 1989 |
Mar 2025 | Blk 418 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,099,000 | ▲S$699 +60.7% vs FV | 99yr from 1989 |
Sep 2024 | Blk 424 SERANGOON CTRL Floor 10 TO 12 | 1,604sqft | S$1,100,000 | ▲S$686 +57.7% vs FV | 99yr from 1989 |
Jun 2024 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,000,000 | ▲S$636 +46.2% vs FV | 99yr from 1989 |
Jun 2024 | Blk 418 SERANGOON CTRL Floor 10 TO 12 | 1,604sqft | S$1,230,000 | ▲S$767 +76.3% vs FV | 99yr from 1989 |
Apr 2026 | Blk 232A SERANGOON AVE 2 Floor 10 TO 12 | 1,518sqft | S$1,130,000 | ▲S$745 +71.3% vs FV | 99yr from 1998 |
Apr 2026 | Blk 526 SERANGOON NTH AVE 4 Floor 10 TO 12 | 1,582sqft | S$1,120,000 | ▲S$708 +62.8% vs FV | 99yr from 1992 |
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
+52.2% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
+52.2% vs FV
Blk 424 SERANGOON CTRL
Dec 2025 · Floor 07 TO 09
+72.6% vs FV
Blk 424 SERANGOON CTRL
May 2025 · Floor 07 TO 09
+72.0% vs FV
Blk 424 SERANGOON CTRL
Apr 2025 · Floor 07 TO 09
+74.0% vs FV
Blk 418 SERANGOON CTRL
Mar 2025 · Floor 01 TO 03
+60.7% vs FV
Blk 424 SERANGOON CTRL
Sep 2024 · Floor 10 TO 12
+57.7% vs FV
Blk 424 SERANGOON CTRL
Jun 2024 · Floor 01 TO 03
+46.2% vs FV
Blk 418 SERANGOON CTRL
Jun 2024 · Floor 10 TO 12
+76.3% vs FV
Blk 232A SERANGOON AVE 2
Apr 2026 · Floor 10 TO 12
+71.3% vs FV
Blk 526 SERANGOON NTH AVE 4
Apr 2026 · Floor 10 TO 12
+62.8% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive located in Serangoon, with a remaining lease of 45 years, has been assessed at an estimated value of $1,043,852, translating to $435 PSF. This valuation places the property significantly above the market baseline, with a remarkable 340.7% difference, indicating a strong demand and premium pricing in the area. Such a substantial premium can often be attributed to several market dynamics, including the property's strategic location, accessibility to essential amenities, and the overall desirability of the Serangoon estate.
Our analysis is supported by a robust dataset, with insights derived from 115 recent HDB resale transactions in the vicinity. The high model confidence rating further reinforces the reliability of this valuation. As the market continues to evolve, properties with longer leases and desirable features are likely to attract higher premiums, reflecting the competitive landscape of Singapore's residential real estate sector. This particular HDB Executive exemplifies the potential for capital appreciation, making it an attractive option for discerning buyers and investors alike.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.