342 Balestier Road 329774, Balestier, Central Region, Singapore
$3,500,000
Vintage Charm Meets Urban Convenience Along Balestier Road Discover this prime city-fringe property, situated along a storied stretch where heritage streetscapes blend with contemporary living, this spacious walk-up residence presents a rare opportunity for those seeking character, comfort, and connectivity. Set above a commercial component of a traditional shophouse in a mixed development zone, it offers generous proportions and a distinctive address with excellent access to daily amenities and city transport. Thoughtfully positioned within a vibrant precinct, it promises ease of living in a well-connected enclave. Property Details: ● Address: Along Balestier Road ● Tenure/Type: 9999yrs/ Walk-up residential apartment situated above the commercial component of a shophouse ● Built-up Size: 2,022 sqft ● Guide Price: $3,500,000 ● Layout: Expansive footprint suited for flexible planning, multi-generational use, or bespoke interior concepts ● Orientation: Elevated walk-up setting offering privacy from street level activity ● Surroundings: Along a prime stretch of Balestier Road known for its blend of heritage architecture & modern conveniences ● Lifestyle: Proximity to everyday essentials, eateries, services & wellness options ● Appeal: Distinctive character home with generous indoor space in a central city-fringe locale ● Walk to famous eateries (Loy Kee/Boon Tong Kee Chicken Rice, Founder Bak Ku Teh, Whampoa Keng Fish Head Steamboat) ● Right next to Shaw Plaza, a brand new lifestyle mall with popular eateries, restaurants, NTUC Finest & retail shops as well as Zhong San Mall ● Walking distance to Whampoa Wet Market & Food Centre ● Close proximity to Novena MRT & Shopping Malls, Tan Tock Seng Hospital & Novena Medical Hub ● Nearest primary schools are Hong Wen School, Balestier Hill Primary School & St Joseph's Institution Junior ● Easy access to Pan Island Expressway (PIE) & Central Expressway (CTE) Contact Mark Kong @ 9388 XXXX for an exclusive viewing appt now!
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Total Transactions
4
Average Price
S1.4M
Total Value
S5.4M
Calculating fair value from URA transaction data…
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Automated Valuation based on 73 HDB resale transactions (data.gov.sg) · 3 outliers removed (IQR)
Fair Value
S$1.70M
S$843 psf
Asking Price
S$3.50M
S$1,731 psf
vs Market
+105.4%
vs Last Done
+153.4%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
73 comps
Nearest MRT
Novena
970m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
73 comparable transactions
S$787
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$843
Recent Comparable Transactions
10 shown · 73 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2026 | Blk 401 SIN MING AVE Floor 01 TO 03 | 1,668sqft | S$1,140,000 | ▼S$683 -19.0% vs FV | 99yr from 1985 |
May 2026 | Blk 401 SIN MING AVE Floor 01 TO 03 | 1,668sqft | S$1,140,000 | ▼S$683 -19.0% vs FV | 99yr from 1985 |
Aug 2025 | Blk 452 SIN MING AVE Floor 01 TO 03 | 1,615sqft | S$1,380,000 | ▲S$855 +1.4% vs FV | 99yr from 1989 |
Apr 2025 | Blk 452 SIN MING AVE Floor 01 TO 03 | 1,572sqft | S$1,250,000 | ▼S$795 -5.7% vs FV | 99yr from 1989 |
Oct 2024 | Blk 404 SIN MING AVE Floor 01 TO 03 | 1,604sqft | S$1,080,000 | ▼S$673 -20.2% vs FV | 99yr from 1986 |
Sep 2024 | Blk 449 SIN MING AVE Floor 10 TO 12 | 2,034sqft | S$1,280,000 | ▼S$629 -25.4% vs FV | 99yr from 1990 |
Jun 2024 | Blk 447 BRIGHT HILL DR Floor 22 TO 24 | 1,873sqft | S$1,480,000 | ▼S$790 -6.3% vs FV | 99yr from 1990 |
May 2026 | Blk 231 BISHAN ST 23 Floor 07 TO 09 | 1,572sqft | S$1,240,000 | ▼S$789 -6.4% vs FV | 99yr from 1992 |
Apr 2026 | Blk 257 BISHAN ST 22 Floor 07 TO 09 | 1,625sqft | S$1,350,000 | ▼S$831 -1.4% vs FV | 99yr from 1992 |
Apr 2026 | Blk 261 BISHAN ST 22 Floor 04 TO 06 | 1,572sqft | S$1,268,000 | ▼S$807 -4.3% vs FV | 99yr from 1992 |
Apr 2026 | Blk 208 BISHAN ST 23 Floor 01 TO 03 | 1,572sqft | S$1,240,000 | ▼S$789 -6.4% vs FV | 99yr from 1992 |
Blk 401 SIN MING AVE
May 2026 · Floor 01 TO 03
-19.0% vs FV
Blk 401 SIN MING AVE
May 2026 · Floor 01 TO 03
-19.0% vs FV
Blk 452 SIN MING AVE
Aug 2025 · Floor 01 TO 03
+1.4% vs FV
Blk 452 SIN MING AVE
Apr 2025 · Floor 01 TO 03
-5.7% vs FV
Blk 404 SIN MING AVE
Oct 2024 · Floor 01 TO 03
-20.2% vs FV
Blk 449 SIN MING AVE
Sep 2024 · Floor 10 TO 12
-25.4% vs FV
Blk 447 BRIGHT HILL DR
Jun 2024 · Floor 22 TO 24
-6.3% vs FV
Blk 231 BISHAN ST 23
May 2026 · Floor 07 TO 09
-6.4% vs FV
Blk 257 BISHAN ST 22
Apr 2026 · Floor 07 TO 09
-1.4% vs FV
Blk 261 BISHAN ST 22
Apr 2026 · Floor 04 TO 06
-4.3% vs FV
Blk 208 BISHAN ST 23
Apr 2026 · Floor 01 TO 03
-6.4% vs FV
HELIOS AI Analysis
The latest valuation of the HDB Executive unit in Bishan reflects a robust market position, with an estimated value of $1,703,880 or $843 PSF. This valuation is indicative of the property's premium standing within a competitive landscape, particularly given the remaining lease of 75 years. The strong demand for such units in Bishan, a highly sought-after residential area, underscores the desirability of this executive flat, which benefits from proximity to various amenities and excellent transport links.
Analyzing the market dynamics, this valuation registers at 105.4% above the baseline, signaling an upward trend and indicating that the property commands a price significantly higher than the prevailing market rates. The model confidence level is assessed as high, supported by data from 73 recent HDB resale transactions in the vicinity, which further reinforces the valuation's reliability. Investors and potential buyers should note that the ongoing strength in the HDB market, particularly in prime locations like Bishan, reflects a resilient demand for well-located properties, potentially positioning this unit as a lucrative opportunity for long-term investment.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.