671a Klang Lane 211671, Farrer Park, Central Region, Singapore
$4,700 /month
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
5
Average Price
S1.2M
Total Value
S6.0M
Calculating fair value from URA transaction data…
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Estimated sale value based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$656,756
S$814 psf
Asking Price
S$4,700
S$6 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
73 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Little India
417m away · +5% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$743
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.043
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$814
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJul 2024 | Blk 671A KLANG LANE Floor 16 TO 18 | 915sqft | S$680,000 | ▼S$743 -8.7% vs FV | 99yr from 2003 |
Jul 2024 | Blk 671A KLANG LANE Floor 16 TO 18 | 915sqft | S$680,000 | ▼S$743 -8.7% vs FV | 99yr from 2003 |
Blk 671A KLANG LANE
Jul 2024 · Floor 16 TO 18
-8.7% vs FV
Blk 671A KLANG LANE
Jul 2024 · Floor 16 TO 18
-8.7% vs FV
HELIOS AI Analysis
In the current property landscape of Singapore, the valuation of this HDB 4-room unit in the central area stands at an estimated value of $656,756, translating to approximately $814 PSF. With a remaining lease of 73 years, this property is positioned within a desirable urban enclave, characterized by its accessibility and proximity to essential amenities. However, the valuation reflects an intriguing market signal, indicating a 0% difference from the baseline, suggesting that the asking price aligns closely with the prevailing market conditions.
It is important to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on a limited dataset, with only one recent HDB resale transaction in the vicinity to draw comparative insights. This lack of multiple data points may hinder a more robust assessment of market trends and price movements in the area. Consequently, prospective buyers and investors should approach this opportunity with caution, considering the potential impact of broader market dynamics and the implications of the remaining lease on future resale viability.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.