21 Jalan Membina 163021, Tiong Bahru Station, Central Region, Singapore
$4,500 /month
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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Estimated sale value based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$738,806
S$762 psf
Asking Price
S$4,500
S$5 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
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 property in Queenstown, with a remaining lease of 74 years, is estimated at $738,806, translating to approximately $762 PSF. This pricing reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently priced in alignment with prevailing market conditions. The stability in pricing may be attributed to the area's enduring appeal, characterized by its proximity to urban amenities and robust transport links, which continue to support demand among prospective buyers.
However, it is essential to note that the model confidence for this valuation is categorized as low, derived from only two recent HDB resale transactions in the vicinity. The limited data points could indicate a volatile market environment, where fluctuations in buyer sentiment and external economic factors may significantly impact future valuations. As Queenstown evolves, with ongoing developments and urban renewal initiatives, the long-term outlook for properties in this locale remains positive, yet stakeholders should remain vigilant of market dynamics that could influence leasehold properties as they approach the mid-point of their tenure.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.