129 Clarence Lane 140129, Margaret Drive, Central Region, Singapore
$4,800 /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 2 HDB resale transactions (data.gov.sg)
Fair Value
S$976,817
S$882 psf
Asking Price
S$4,800
S$5 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
69 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Redhill
466m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$852
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.986
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$882
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2025 | Blk 129 CLARENCE LANE Floor 01 TO 03 | 1,130sqft | S$936,000 | ▼S$828 -6.1% vs FV | 99yr from 1996 |
Feb 2025 | Blk 129 CLARENCE LANE Floor 01 TO 03 | 1,130sqft | S$936,000 | ▼S$828 -6.1% vs FV | 99yr from 1996 |
Sep 2024 | Blk 129 CLARENCE LANE Floor 13 TO 15 | 1,119sqft | S$980,000 | ▼S$875 -0.8% vs FV | 99yr from 1996 |
Blk 129 CLARENCE LANE
Feb 2025 · Floor 01 TO 03
-6.1% vs FV
Blk 129 CLARENCE LANE
Feb 2025 · Floor 01 TO 03
-6.1% vs FV
Blk 129 CLARENCE LANE
Sep 2024 · Floor 13 TO 15
-0.8% vs FV
HELIOS AI Analysis
The valuation of the HDB 4-room unit in Queenstown, with a remaining lease of 69 years, currently stands at approximately $976,817, translating to a price per square foot (PSF) of $882. This valuation reflects a stable market signal, indicating a 0% difference from the baseline, suggesting that the property is priced in line with prevailing market trends. The consistent pricing may be attributed to the area's enduring appeal, characterized by its strategic location and proximity to essential amenities and transport links.
However, it is important to note that the model confidence for this valuation is classified as low. This classification arises from the reliance on only two recent HDB resale transactions in the vicinity, which may not adequately capture the broader market dynamics at play. As the real estate market in Singapore continues to evolve, factors such as future development plans and shifts in buyer sentiment will play a crucial role in determining the long-term value of HDB properties in this region. Investors and homeowners should remain vigilant and consider market trends and local developments when assessing the potential of their investment in Queenstown.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.