342 Balestier Road 329774, Balestier, Central Region, Singapore
$3,280,000
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Total Transactions
4
Average Price
S1.4M
Total Value
S5.4M
Calculating fair value from URA transaction data…


License: L3002382K
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Automated Valuation based on 361 HDB resale transactions (data.gov.sg) · 23 outliers removed (IQR)
Fair Value
S$1.57M
S$779 psf
Asking Price
S$3.28M
S$1,622 psf
vs Market
+108.3%
vs Last Done
+132.0%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
361 comps
Nearest MRT
Novena
970m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
361 comparable transactions
S$727
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$779
Recent Comparable Transactions
10 shown · 361 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 503 BISHAN ST 11 Floor 01 TO 03 | 1,216sqft | S$850,000 | ▼S$699 -10.3% vs FV | 99yr from 1989 |
Mar 2026 | Blk 503 BISHAN ST 11 Floor 01 TO 03 | 1,216sqft | S$850,000 | ▼S$699 -10.3% vs FV | 99yr from 1989 |
Mar 2026 | Blk 114 BISHAN ST 12 Floor 07 TO 09 | 1,119sqft | S$890,000 | ▲S$795 +2.1% vs FV | 99yr from 1986 |
Mar 2026 | Blk 113 BISHAN ST 12 Floor 10 TO 12 | 1,130sqft | S$820,000 | ▼S$726 -6.8% vs FV | 99yr from 1986 |
Mar 2026 | Blk 111 BISHAN ST 12 Floor 04 TO 06 | 904sqft | S$765,000 | ▲S$846 +8.6% vs FV | 99yr from 1986 |
Mar 2026 | Blk 133 BISHAN ST 12 Floor 04 TO 06 | 947sqft | S$788,000 | ▲S$832 +6.8% vs FV | 99yr from 1987 |
Mar 2026 | Blk 263 BISHAN ST 22 Floor 10 TO 12 | 1,119sqft | S$778,000 | ▼S$695 -10.8% vs FV | 99yr from 1992 |
Mar 2026 | Blk 241 BISHAN ST 22 Floor 10 TO 12 | 1,152sqft | S$890,000 | ▼S$773 -0.8% vs FV | 99yr from 1992 |
Mar 2026 | Blk 246 BISHAN ST 22 Floor 07 TO 09 | 1,130sqft | S$840,888 | ▼S$744 -4.5% vs FV | 99yr from 1992 |
Mar 2026 | Blk 254 BISHAN ST 22 Floor 07 TO 09 | 1,238sqft | S$900,888 | ▼S$728 -6.5% vs FV | 99yr from 1992 |
Mar 2026 | Blk 263 BISHAN ST 22 Floor 01 TO 03 | 1,141sqft | S$720,000 | ▼S$631 -19.0% vs FV | 99yr from 1992 |
Blk 503 BISHAN ST 11
Mar 2026 · Floor 01 TO 03
-10.3% vs FV
Blk 503 BISHAN ST 11
Mar 2026 · Floor 01 TO 03
-10.3% vs FV
Blk 114 BISHAN ST 12
Mar 2026 · Floor 07 TO 09
+2.1% vs FV
Blk 113 BISHAN ST 12
Mar 2026 · Floor 10 TO 12
-6.8% vs FV
Blk 111 BISHAN ST 12
Mar 2026 · Floor 04 TO 06
+8.6% vs FV
Blk 133 BISHAN ST 12
Mar 2026 · Floor 04 TO 06
+6.8% vs FV
Blk 263 BISHAN ST 22
Mar 2026 · Floor 10 TO 12
-10.8% vs FV
Blk 241 BISHAN ST 22
Mar 2026 · Floor 10 TO 12
-0.8% vs FV
Blk 246 BISHAN ST 22
Mar 2026 · Floor 07 TO 09
-4.5% vs FV
Blk 254 BISHAN ST 22
Mar 2026 · Floor 07 TO 09
-6.5% vs FV
Blk 263 BISHAN ST 22
Mar 2026 · Floor 01 TO 03
-19.0% vs FV
HELIOS AI Analysis
The valuation of the 4-room HDB unit in Bishan, with a remaining lease of 75 years, stands at an estimated value of $1,574,308, translating to $779 PSF. This pricing indicates a robust market position, with the property currently assessed at a notable 108.3% above the baseline. Such a premium valuation reflects the high demand for HDB properties in this highly sought-after district, characterized by its strategic location and excellent amenities.
Market dynamics in Bishan suggest a continued upward trajectory in property values, supported by a strong confidence level in this model. The data is underpinned by an analysis of 361 recent HDB resale transactions in the vicinity, which indicates that potential buyers are willing to pay a premium for properties that offer both quality living spaces and the advantages of being in a central region. The depth of the local market coupled with the remaining lease period enhances the investment appeal of this particular unit, affirming its status as a lucrative opportunity for discerning investors.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.