228b Ang Mo Kio Street 23 562228, Shangri-la, North-east Region, Singapore
$1,220,000
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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Automated Valuation based on 8 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$1.23M
S$1,011 psf
Asking Price
S$1.22M
S$1,003 psf
vs Market
-0.8%
vs Last Done
+2.6%
Tenure
93 yrs
99-year Leasehold · Balance remaining
Confidence
Medium
8 comps
Nearest MRT
Ang Mo Kio
1157m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
8 comparable transactions
S$963
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$1,011
Recent Comparable Transactions
8 shown · 8 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2026 | Blk 228B ANG MO KIO ST 23 Floor 10 TO 12 | 1,216sqft | S$1,190,000 | ▼S$978 -3.3% vs FV | 99yr from 2021 |
May 2026 | Blk 228B ANG MO KIO ST 23 Floor 10 TO 12 | 1,216sqft | S$1,190,000 | ▼S$978 -3.3% vs FV | 99yr from 2021 |
Apr 2026 | Blk 228B ANG MO KIO ST 23 Floor 10 TO 12 | 1,216sqft | S$1,160,888 | ▼S$954 -5.6% vs FV | 99yr from 2021 |
Apr 2026 | Blk 228B ANG MO KIO ST 23 Floor 07 TO 09 | 1,216sqft | S$1,165,000 | ▼S$958 -5.2% vs FV | 99yr from 2021 |
Mar 2026 | Blk 228B ANG MO KIO ST 23 Floor 22 TO 24 | 1,216sqft | S$1,200,000 | ▼S$987 -2.4% vs FV | 99yr from 2021 |
Mar 2026 | Blk 228B ANG MO KIO ST 23 Floor 16 TO 18 | 1,216sqft | S$1,220,000 | ▼S$1,003 -0.8% vs FV | 99yr from 2021 |
Mar 2026 | Blk 228B ANG MO KIO ST 23 Floor 04 TO 06 | 1,216sqft | S$1,120,000 | ▼S$921 -8.9% vs FV | 99yr from 2021 |
Feb 2026 | Blk 228B ANG MO KIO ST 23 Floor 07 TO 09 | 1,216sqft | S$1,155,000 | ▼S$950 -6.0% vs FV | 99yr from 2021 |
Feb 2026 | Blk 228B ANG MO KIO ST 23 Floor 10 TO 12 | 1,216sqft | S$1,160,000 | ▼S$954 -5.6% vs FV | 99yr from 2021 |
Blk 228B ANG MO KIO ST 23
May 2026 · Floor 10 TO 12
-3.3% vs FV
Blk 228B ANG MO KIO ST 23
May 2026 · Floor 10 TO 12
-3.3% vs FV
Blk 228B ANG MO KIO ST 23
Apr 2026 · Floor 10 TO 12
-5.6% vs FV
Blk 228B ANG MO KIO ST 23
Apr 2026 · Floor 07 TO 09
-5.2% vs FV
Blk 228B ANG MO KIO ST 23
Mar 2026 · Floor 22 TO 24
-2.4% vs FV
Blk 228B ANG MO KIO ST 23
Mar 2026 · Floor 16 TO 18
-0.8% vs FV
Blk 228B ANG MO KIO ST 23
Mar 2026 · Floor 04 TO 06
-8.9% vs FV
Blk 228B ANG MO KIO ST 23
Feb 2026 · Floor 07 TO 09
-6.0% vs FV
Blk 228B ANG MO KIO ST 23
Feb 2026 · Floor 10 TO 12
-5.6% vs FV
HELIOS AI Analysis
The valuation of the HDB 5 Room unit in Ang Mo Kio, with a remaining lease of 93 years, stands at an estimated value of $1,229,593, translating to a price per square foot of $1,011. This valuation reflects a market signal indicating a 0.8% difference from the baseline, suggesting that the property is well-aligned with current market expectations and pricing trends within the area.
Analysis of the local real estate dynamics reveals that this property benefits from a robust demand, as evidenced by 8 recent HDB resale transactions in close proximity. The medium confidence level of this valuation suggests that while the data is reliable, fluctuations in market conditions should be monitored closely. With the remaining lease of 93 years, this HDB unit presents a favorable investment opportunity, as it retains significant leasehold value, contributing to its appeal in a competitive market landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.