21 Jalan Membina 163021, Tiong Bahru Station, Central Region, Singapore
$1,099,000
The following locations are within radius of this property, with distance shown in kilometers.
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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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Automated Valuation based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$738,806
S$762 psf
Asking Price
S$1.10M
S$1,134 psf
vs Market
+48.8%
vs Last Done
+55.8%
Tenure
74 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Tiong Bahru
199m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$692
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$762
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneNov 2024 | Blk 21 QUEEN'S CL Floor 16 TO 18 | 1,152sqft | S$838,000 | ▼S$728 -4.5% vs FV | 99yr from 1996 |
Nov 2024 | Blk 21 QUEEN'S CL Floor 16 TO 18 | 1,152sqft | S$838,000 | ▼S$728 -4.5% vs FV | 99yr from 1996 |
Jul 2024 | Blk 21 QUEEN'S CL Floor 04 TO 06 | 1,152sqft | S$755,000 | ▼S$656 -13.9% vs FV | 99yr from 1996 |
Blk 21 QUEEN'S CL
Nov 2024 · Floor 16 TO 18
-4.5% vs FV
Blk 21 QUEEN'S CL
Nov 2024 · Floor 16 TO 18
-4.5% vs FV
Blk 21 QUEEN'S CL
Jul 2024 · Floor 04 TO 06
-13.9% vs FV
HELIOS AI Analysis
The valuation of the HDB 4 Room unit in Queenstown, with a remaining lease of 74 years, is estimated at $738,806, translating to a price per square foot (PSF) of $762. This valuation is notably positioned above market, reflecting a substantial 48.8% differential from the baseline valuation, indicating heightened demand or unique selling propositions for this particular unit and its surrounding area.
However, it is crucial to note that the confidence level for this valuation is categorized as low, primarily due to the limited data set of only two recent HDB resale transactions in the vicinity. Such a small sample size may not adequately capture the full spectrum of market dynamics and sentiment. Prospective buyers and investors should consider the implications of the remaining lease term, as a 74-year lease can influence both resale potential and financing options in the long term. The unique characteristics of Queenstown, a well-established residential enclave, continue to drive interest, yet market fluctuations and local demand trends warrant a careful analysis before making investment decisions.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.