28 Balam Road 370028, Macpherson, Central Region, Singapore
$900,000
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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 8 HDB resale transactions (data.gov.sg)
Fair Value
S$899,722
S$789 psf
Asking Price
S$900,000
S$789 psf
vs Market
0.0%
vs Last Done
-6.8%
Tenure
68 yrs
99-year Leasehold · Balance remaining
Confidence
Medium
8 comps
Nearest MRT
Mattar
531m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
8 comparable transactions
S$796
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.971
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$789
Recent Comparable Transactions
8 shown · 8 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 28 CASSIA CRES Floor 07 TO 09 | 1,098sqft | S$930,000 | ▲S$847 +7.4% vs FV | 99yr from 1998 |
Apr 2026 | Blk 28 CASSIA CRES Floor 07 TO 09 | 1,098sqft | S$930,000 | ▲S$847 +7.4% vs FV | 99yr from 1998 |
Mar 2026 | Blk 28 BALAM RD Floor 04 TO 06 | 1,152sqft | S$855,000 | ▼S$742 -6.0% vs FV | 99yr from 1997 |
Mar 2026 | Blk 28 BALAM RD Floor 13 TO 15 | 1,141sqft | S$850,000 | ▼S$745 -5.6% vs FV | 99yr from 1997 |
Oct 2025 | Blk 28 CASSIA CRES Floor 04 TO 06 | 1,087sqft | S$835,000 | ▼S$768 -2.7% vs FV | 99yr from 1998 |
Jul 2025 | Blk 28 CASSIA CRES Floor 10 TO 12 | 1,087sqft | S$940,000 | ▲S$865 +9.6% vs FV | 99yr from 1998 |
Jun 2025 | Blk 28 CASSIA CRES Floor 16 TO 18 | 1,098sqft | S$950,000 | ▲S$865 +9.6% vs FV | 99yr from 1998 |
Dec 2024 | Blk 28 BALAM RD Floor 19 TO 21 | 1,141sqft | S$850,000 | ▼S$745 -5.6% vs FV | 99yr from 1997 |
Jul 2024 | Blk 28 CASSIA CRES Floor 07 TO 09 | 1,109sqft | S$875,000 | ▼S$789 0.0% vs FV | 99yr from 1998 |
Blk 28 CASSIA CRES
Apr 2026 · Floor 07 TO 09
+7.4% vs FV
Blk 28 CASSIA CRES
Apr 2026 · Floor 07 TO 09
+7.4% vs FV
Blk 28 BALAM RD
Mar 2026 · Floor 04 TO 06
-6.0% vs FV
Blk 28 BALAM RD
Mar 2026 · Floor 13 TO 15
-5.6% vs FV
Blk 28 CASSIA CRES
Oct 2025 · Floor 04 TO 06
-2.7% vs FV
Blk 28 CASSIA CRES
Jul 2025 · Floor 10 TO 12
+9.6% vs FV
Blk 28 CASSIA CRES
Jun 2025 · Floor 16 TO 18
+9.6% vs FV
Blk 28 BALAM RD
Dec 2024 · Floor 19 TO 21
-5.6% vs FV
Blk 28 CASSIA CRES
Jul 2024 · Floor 07 TO 09
0.0% vs FV
HELIOS AI Analysis
In the current analysis of the HDB 4-room property located in Geylang, valued at approximately $899,722 or $789 PSF, we observe a noteworthy stability within the local market dynamics. With a remaining lease of 68 years, this property demonstrates a consistent valuation trend, indicating a 0% difference from the baseline market price. This suggests that the property is priced accurately relative to recent market activity, reflecting a balanced interplay between demand and supply in the Geylang area.
The valuation is corroborated by an examination of eight recent HDB resale transactions in the vicinity, which further enhances the confidence in this estimate, albeit labeled as medium confidence. Such a classification signals that while the immediate market conditions are stable, external factors or shifts in buyer sentiment could influence future valuations. As such, potential investors should remain vigilant regarding the evolving landscape of the HDB market, particularly in relation to lease duration, which remains a pivotal consideration in property investment decisions.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.