131 Clarence Lane 140131, Margaret Drive, Central Region, Singapore
$1,350,000
131 Clarence Lane From S$ 1,350,000 Rare high floor unblocked view 5 Room Improved Flat in Redhill/Queenstown/Commonwealth 4 Bedrooms | 2 Bathrooms All ethnicity eligible High floor unblocked views towards Alexandra Park Connector, minutes walk to Redhill MRT! Close proximity to amenities, Orchard, CBD! MRT EW18 Redhill - 360m Bus Stops #10289 Opp SIS Bldg 110m #10281 SIS Bldg 140m #10329 Crescent Girls' Sch 150m #10287 Opp Cycle & Carriage 300m Bus Services 111, 139, 186, 51, 970, 120, 145, 33, 64,122, 132, 32 Kindergardens/Preschools Grace House @ Tanglin - 240m PCF Sparkletots Preschool - 640m White Lodge Kindergarten (Phoenix Park) - 680m Primary Schools Gan Eng Seng Primary School - 770m Queenstown Primary School - 910m Alexandra Primary School - 950m Secondary Schools Queenstown Secondary School - 250m Crescent Girls' School - 270m Bukit Merah Secondary School - 780m Gan Eng Seng School - 1280m Healthcare LEONG CLINIC - 380m L & H POLYCLINIC AND SURGERY - 420m Dawson Medical Clinic - 690m Supermarket NTUC FAIRPRICE CO-OPERATIVE LTD - 480m SHENG SIONG SUPERMARKET PTE LTD - 690m Contact Celena now for exclusive viewing! 8.8.1.1.8.4.8.8
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 1 HDB resale transactions (data.gov.sg)
Fair Value
S$1.12M
S$857 psf
Asking Price
S$1.35M
S$1,037 psf
vs Market
+20.9%
vs Last Done
+21.6%
Tenure
67 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Redhill
365m away · +5% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$853
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.957
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$857
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJan 2025 | Blk 131 CLARENCE LANE Floor 07 TO 09 | 1,346sqft | S$1,148,000 | ▼S$853 -0.5% vs FV | 99yr from 1996 |
Jan 2025 | Blk 131 CLARENCE LANE Floor 07 TO 09 | 1,346sqft | S$1,148,000 | ▼S$853 -0.5% vs FV | 99yr from 1996 |
Blk 131 CLARENCE LANE
Jan 2025 · Floor 07 TO 09
-0.5% vs FV
Blk 131 CLARENCE LANE
Jan 2025 · Floor 07 TO 09
-0.5% vs FV
HELIOS AI Analysis
The valuation of the 5-room HDB in Queenstown reflects an estimated value of $1,116,440, equating to $857 PSF. This valuation places the property significantly above the market baseline, exhibiting a remarkable 20.9% premium compared to similar properties in the area. Such a deviation points to unique market dynamics, particularly in the desirable Queenstown district, which is known for its strategic location, accessibility, and ongoing urban revitalization initiatives.
However, it is important to note the low model confidence associated with this valuation, attributed to the reliance on only one recent HDB resale transaction in the vicinity. This limited data set may not fully capture the breadth of market sentiment or the potential fluctuations in property demand. With a remaining lease of 67 years, prospective buyers should consider the implications of lease longevity on future valuation, particularly as the property approaches the 60-year mark. Overall, while the valuation indicates a strong market signal, stakeholders are advised to approach with caution, weighing the premium against the inherent risks of reduced transactional data.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.