51 Chai Chee Street 460051, Kembangan, East Region, Singapore
$780,000

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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…


License: L3002382K
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Automated Valuation based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$532,914
S$409 psf
Asking Price
S$780,000
S$599 psf
vs Market
+46.4%
vs Last Done
+11.5%
Tenure
54 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Bedok North
778m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$520
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.771
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$409
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2025 | Blk 51 CHAI CHEE ST Floor 10 TO 12 | 1,302sqft | S$700,000 | ▲S$537 +31.3% vs FV | 99yr from 1981 |
Feb 2025 | Blk 51 CHAI CHEE ST Floor 10 TO 12 | 1,302sqft | S$700,000 | ▲S$537 +31.3% vs FV | 99yr from 1981 |
Aug 2024 | Blk 51 CHAI CHEE ST Floor 04 TO 06 | 1,302sqft | S$655,000 | ▲S$503 +23.0% vs FV | 99yr from 1981 |
Blk 51 CHAI CHEE ST
Feb 2025 · Floor 10 TO 12
+31.3% vs FV
Blk 51 CHAI CHEE ST
Feb 2025 · Floor 10 TO 12
+31.3% vs FV
Blk 51 CHAI CHEE ST
Aug 2024 · Floor 04 TO 06
+23.0% vs FV
HELIOS AI Analysis
The valuation of the HDB 5-room unit in Bedok, with a remaining lease of 54 years, stands at an estimated value of $532,914, translating to a price per square foot (PSF) of $409. This valuation is notably above the market baseline, with a significant 46.4% differential, suggesting that the property is positioned within a premium segment of the HDB market. Such a pronounced deviation from the baseline indicates strong demand dynamics driven by the desirability of the Bedok locale, which is recognized for its robust amenities and strategic connectivity.
However, it is essential to consider the model confidence level, which is classified as low, based on only two recent HDB resale transactions in the vicinity. This limited data set may not fully encapsulate the current market dynamics and could reflect fluctuations in buyer sentiment or external economic factors. As the remaining lease diminishes, the valuation will likely be influenced by the evolving perceptions of leasehold properties within the market, highlighting the necessity for prospective buyers to conduct comprehensive due diligence before proceeding with any acquisition.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.