Strathmore Avenue, Margaret Drive, Central Region, Singapore
$16,000,000








TOP obtained. Brand new built up Detached house at prime location. 3 Mins Walk to Bus Stop 5 Mins Walk to Queenstown MRT 9 Mins Walk to Anchorpoint 10 Mins Walk to IKEA Alexandra 10 Mins Drive to Queensway Shopping Centre 9 Mins Drive to Alexandra Village Food Centre / ABC Brickworks Market & Food Centre Schools: Within 1km: Queenstown Primary School Within 2km: Alexandra Primary, Blangah Rise Primary, Gan Eng Seng, New Town Primary Contact Debbie Ong for an exclusive viewing today 8157 XXXX.
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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 7 HDB resale transactions (data.gov.sg) · 3 outliers removed (IQR)
Fair Value
S$12.54M
S$921 psf
Asking Price
S$16.00M
S$1,176 psf
vs Market
+27.6%
vs Last Done
+35.0%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
Low
7 comps
Nearest MRT
Queenstown
437m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
7 comparable transactions
S$836
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$921
Recent Comparable Transactions
7 shown · 7 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2026 | Blk 148 MEI LING ST Floor 04 TO 06 | 1,561sqft | S$1,360,000 | ▼S$871 -5.4% vs FV | 99yr from 1995 |
Feb 2026 | Blk 148 MEI LING ST Floor 04 TO 06 | 1,561sqft | S$1,360,000 | ▼S$871 -5.4% vs FV | 99yr from 1995 |
Jan 2026 | Blk 148 MEI LING ST Floor 01 TO 03 | 1,615sqft | S$1,210,000 | ▼S$749 -18.7% vs FV | 99yr from 1995 |
Jun 2025 | Blk 150 MEI LING ST Floor 04 TO 06 | 1,582sqft | S$1,300,000 | ▼S$822 -10.7% vs FV | 99yr from 1995 |
May 2025 | Blk 150 MEI LING ST Floor 04 TO 06 | 1,528sqft | S$1,320,500 | ▼S$864 -6.2% vs FV | 99yr from 1995 |
May 2025 | Blk 148 MEI LING ST Floor 10 TO 12 | 1,561sqft | S$1,350,000 | ▼S$865 -6.1% vs FV | 99yr from 1995 |
Feb 2025 | Blk 150 MEI LING ST Floor 01 TO 03 | 1,528sqft | S$1,278,000 | ▼S$836 -9.2% vs FV | 99yr from 1995 |
Nov 2024 | Blk 148 MEI LING ST Floor 19 TO 21 | 1,604sqft | S$1,350,000 | ▼S$842 -8.6% vs FV | 99yr from 1995 |
Blk 148 MEI LING ST
Feb 2026 · Floor 04 TO 06
-5.4% vs FV
Blk 148 MEI LING ST
Feb 2026 · Floor 04 TO 06
-5.4% vs FV
Blk 148 MEI LING ST
Jan 2026 · Floor 01 TO 03
-18.7% vs FV
Blk 150 MEI LING ST
Jun 2025 · Floor 04 TO 06
-10.7% vs FV
Blk 150 MEI LING ST
May 2025 · Floor 04 TO 06
-6.2% vs FV
Blk 148 MEI LING ST
May 2025 · Floor 10 TO 12
-6.1% vs FV
Blk 150 MEI LING ST
Feb 2025 · Floor 01 TO 03
-9.2% vs FV
Blk 148 MEI LING ST
Nov 2024 · Floor 19 TO 21
-8.6% vs FV
HELIOS AI Analysis
In the vibrant district of Queenstown, this HDB Executive property commands an estimated valuation of $12,542,560, translating to a price per square foot of $921. Notably, this valuation positions the property at a remarkable 27.6% above the prevailing market baseline, indicating a strong demand and perceived value within this sought-after locale. The remaining lease of 75 years provides a significant assurance of longevity, which is often a critical factor for buyers in the HDB market.
However, it is essential to contextualize this valuation within the broader market dynamics. The model confidence for this estimate is classified as low, suggesting that while the property exhibits strong indicators of desirability, there may be underlying factors affecting its valuation accuracy. The analysis draws upon data from 7 recent HDB resale transactions in the vicinity, reflecting a competitive market landscape. Investors and homeowners alike should remain attuned to these nuances, as fluctuations in market conditions can significantly impact future valuations and investment strategies.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.