Lorong Ong Lye, Upper Paya Lebar, North-east Region, Singapore
$5,100,000
Rare Gem Freehold Corner Terrace Property Details • Freehold corner terrace • 5 bedrooms | 3 bathrooms • Land size: approx. 2,482 sqft • Price: $5,100,000 • Spacious layout ideal for family living Location & Connectivity • Easy access to MRT stations on the • Circle Line • North East Line • Convenient connectivity to other parts of Singapore Nearby Schools • Maris Stella High School • Paya Lebar Methodist Girls’ School Amenities • Close to shopping options and daily amenities • Nearby medical facilities Why This Home • Rare freehold landed opportunity • Located in a vibrant and convenient neighbourhood • Ideal for families seeking space and accessibility
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Total Transactions
15
Average Price
S1.4M
Total Value
S20.8M
Calculating fair value from URA transaction data…
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Automated Valuation based on 7 HDB resale transactions (data.gov.sg)
Fair Value
S$2.87M
S$820 psf
Asking Price
S$5.10M
S$2,055 psf
vs Market
+77.7%
vs Last Done
+175.8%
Tenure
74 yrs
99-year Leasehold · Balance remaining
Confidence
Low
7 comps
Nearest MRT
Bartley
408m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
7 comparable transactions
S$744
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$820
Recent Comparable Transactions
7 shown · 7 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 232A SERANGOON AVE 2 Floor 10 TO 12 | 1,518sqft | S$1,130,000 | ▼S$745 -9.1% vs FV | 99yr from 1998 |
Apr 2026 | Blk 232A SERANGOON AVE 2 Floor 10 TO 12 | 1,518sqft | S$1,130,000 | ▼S$745 -9.1% vs FV | 99yr from 1998 |
Feb 2026 | Blk 234A SERANGOON AVE 2 Floor 16 TO 18 | 1,507sqft | S$1,228,000 | ▼S$815 -0.6% vs FV | 99yr from 1998 |
Dec 2025 | Blk 234A SERANGOON AVE 2 Floor 01 TO 03 | 1,507sqft | S$1,082,888 | ▼S$719 -12.3% vs FV | 99yr from 1998 |
Jun 2025 | Blk 232A SERANGOON AVE 2 Floor 01 TO 03 | 1,507sqft | S$1,000,000 | ▼S$664 -19.0% vs FV | 99yr from 1998 |
Oct 2024 | Blk 236A SERANGOON AVE 2 Floor 07 TO 09 | 1,507sqft | S$1,180,000 | ▼S$783 -4.5% vs FV | 99yr from 1998 |
Jul 2024 | Blk 234A SERANGOON AVE 2 Floor 04 TO 06 | 1,518sqft | S$1,003,000 | ▼S$661 -19.4% vs FV | 99yr from 1998 |
Jul 2024 | Blk 236A SERANGOON AVE 2 Floor 16 TO 18 | 1,507sqft | S$1,238,000 | ▲S$822 +0.2% vs FV | 99yr from 1998 |
Blk 232A SERANGOON AVE 2
Apr 2026 · Floor 10 TO 12
-9.1% vs FV
Blk 232A SERANGOON AVE 2
Apr 2026 · Floor 10 TO 12
-9.1% vs FV
Blk 234A SERANGOON AVE 2
Feb 2026 · Floor 16 TO 18
-0.6% vs FV
Blk 234A SERANGOON AVE 2
Dec 2025 · Floor 01 TO 03
-12.3% vs FV
Blk 232A SERANGOON AVE 2
Jun 2025 · Floor 01 TO 03
-19.0% vs FV
Blk 236A SERANGOON AVE 2
Oct 2024 · Floor 07 TO 09
-4.5% vs FV
Blk 234A SERANGOON AVE 2
Jul 2024 · Floor 04 TO 06
-19.4% vs FV
Blk 236A SERANGOON AVE 2
Jul 2024 · Floor 16 TO 18
+0.2% vs FV
HELIOS AI Analysis
In the competitive landscape of Singapore's real estate market, the valuation of this HDB Executive unit in Serangoon, with a remaining lease of 74 years, stands at an estimated value of $2,870,366, translating to approximately $820 PSF. This valuation positions the property significantly above the baseline market value, exhibiting a remarkable 77.7% difference from the average, which suggests strong buyer sentiment and demand in this sought-after residential enclave.
However, it is crucial to note that the model confidence for this valuation is categorized as low, reflecting potential variability in recent transaction data. The assessment is based on seven recent HDB resale transactions within the vicinity, which may not fully encapsulate the broader market trends or shifts in buyer preferences. Given the dynamics of the HDB market, particularly with properties having a diminishing lease, prospective buyers should consider the implications of the remaining lease period on long-term value appreciation and resale potential.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.