129 Clarence Lane 140129, Margaret Drive, Central Region, Singapore
$889,000
Ohmyhome Exclusive Listing! *Please call Louis @ 9727XXXX* Asking $889k (negotiable) 26 yrs | Balance: 72 yrs - 104 sqm / 1,119 sqft - 3 Bedrooms - 3rd floor - Corner unit - Nicely Renovated - Maindoor (East) Living (North) - 3 mths extension required - 10mins walk to Redhill MRT Schools within 1km - Alexandra Pri Sch - Queenstown Pri Sch - Gan Eng Seng Pri Sch *All Ethnic and Nationality Can Buy* *SERIOUS SELLERS!* **Hurry don't miss this rare opportunity!** For viewing appointment, please contact: Louis Tay 9727XXXX CEA: R000567G / Ohmyhome: L3010739Z Buy, sell, rent and renovate with Ohmyhome! Over 8,000 happy families have engaged Ohmyhome and gave 5-star reviews. Check out our new Home Ownership Management & e-Valuation AI Tool called Homer AI! Homer is your digital property friend for homeowners. All you need to know about your home in one place. Say Hi To Homer AI here! ohmyhome.com/en-sg/homer Contact us at Ohmyhome.com or via Whatsapp @ +65 9755 XXXX for the most comprehensive housing transaction journey! Ohmyhome, that was simple!
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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$889,000
S$794 psf
vs Market
-7.2%
vs Last Done
-4.1%
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 unit in Queenstown, with a remaining lease of 67 years, stands at an estimated value of $957,920, translating to $856 PSF. This valuation reflects a market signal indicating a good deal, with a notable 7.2% difference from the baseline. Such a differential suggests a favorable buying opportunity, particularly in a district like Queenstown, which is recognized for its strategic location and vibrant community amenities.
However, it is important to note that the model confidence for this valuation is categorized as low, based on the analysis of only two recent HDB resale transactions within the vicinity. This limited data pool can introduce variability in the valuation outcome, emphasizing the need for potential buyers to conduct thorough due diligence. As the property market continues to evolve, the remaining lease of 67 years may also influence future resale potential and market demand, as buyers increasingly weigh lease duration against investment longevity. Overall, while the current valuation presents an appealing opportunity, prospective buyers should remain cognizant of the broader market dynamics and the implications of lease length on property value.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.