129 Clarence Lane 140129, Margaret Drive, Central Region, Singapore
$988,888
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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 2 HDB resale transactions (data.gov.sg)
Fair Value
S$957,920
S$856 psf
Asking Price
S$988,888
S$884 psf
vs Market
+3.2%
vs Last Done
+6.8%
Tenure
67 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)
×0.957
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$856
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 -3.3% vs FV | 99yr from 1996 |
Feb 2025 | Blk 129 CLARENCE LANE Floor 01 TO 03 | 1,130sqft | S$936,000 | ▼S$828 -3.3% vs FV | 99yr from 1996 |
Sep 2024 | Blk 129 CLARENCE LANE Floor 13 TO 15 | 1,119sqft | S$980,000 | ▲S$875 +2.2% vs FV | 99yr from 1996 |
Blk 129 CLARENCE LANE
Feb 2025 · Floor 01 TO 03
-3.3% vs FV
Blk 129 CLARENCE LANE
Feb 2025 · Floor 01 TO 03
-3.3% vs FV
Blk 129 CLARENCE LANE
Sep 2024 · Floor 13 TO 15
+2.2% vs FV
HELIOS AI Analysis
The valuation of the HDB 4-room flat located in the highly sought-after Queenstown area reveals an estimated market value of $957,920, equating to $856 per square foot. With a remaining lease of 67 years, this property presents a unique opportunity for potential buyers, particularly given the strategic location and historical significance of Queenstown in Singapore's housing landscape.
Current market signals indicate a 3.2% differential from the baseline price, suggesting a modest appreciation trend within the local HDB market. However, it is essential to note that the model confidence associated with this valuation is categorized as low, primarily due to the reliance on only two recent resale transactions in the vicinity. This limited dataset underlines the importance of considering broader market dynamics, including macroeconomic factors and neighborhood developments, which could influence both demand and pricing in the near future.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.