29 Balam Road 370029, Macpherson, Central Region, Singapore
$900,000
5-Room HDB | 1,367sqft | Top Floor | NS Orientation | First Owner, Renovate to your liking | Convenience to F&B & Amenities Unit Details: * 1,367sqft / 127sqm * 5-Room Improved (5I Model) * 3 Bedrooms + 2 Bathrooms * Top Floor with Views of MBS and City * First Owner, renovate to your liking * Huge Living & Dining Space * Well Sized Bedrooms * Bright & Airy * North-South Orientation * Main Door Facing: West * Living Room Facing: South * Conveniently Located at City Fringe Location * Extension Can Be Discussed * 8 mins walk to MacPherson MRT Station Accessibilities Macpherson MRT (DT26/CC10) | 0.5KM Mattar MRT (DT25) | 0.55KM Shopping Malls: Grantral Mall/Grantral Complex@Macpherson | 0.42KM 18 Tai Seng | 0.73KM Macpherson Mall | 0.88KM Paya Lebar Square | 1.39KM SingPost Centre | 1.5KM PLQ | 1.53KM Groceries: Sheng Siong Supermarket @ 18B Circuit Rd | 0.16KM Goodluck Provision Shop @ 37 Circuit Rd | 0.21KM Scarlett Supermarket @ Grantral Mall/Grantral Complex@Macpherson | 0.42KM NTUC FairPrice @ 77 Circuit Road | 0.73KM Eateries: Circuit Road Market & Food Centre | 0.24KM LC Food Center | 0.24KM Circuit Road Hawker Centre | 0.44KM Food Republic @ BreadTalk iHQ Mall | 0.56KM MacPherson Market & Food Centre | 0.74KM Primary Schools: Canossa Catholic Primary School | 0.65KM Cedar Primary School | 1.41KM Geylang Methodist School (Primary) | 1.42KM Maha Bodhi School | 1.59KM Maris Stella High School | 1.63KM Secondary School; Bartley Secondary School | 1.2KM Geylang Methodist School (Secondary) | 1.46KM Cedar Girls’ Secondary School | 1.52KM Manjusri Secondary School | 1.66KM For viewing arrangements, kindly contact our Associate Listing Manager: Cheryl Loh @ bit.ly/PLBCherylLoh PropertyLimBrothers
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…

License: L3008022J
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$781,659
S$572 psf
Asking Price
S$900,000
S$658 psf
vs Market
+15.1%
vs Last Done
+14.0%
Tenure
68 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
MacPherson
502m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$577
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.971
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$572
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneSep 2025 | Blk 29 BALAM RD Floor 01 TO 03 | 1,367sqft | S$788,888 | ▲S$577 +0.9% vs FV | 99yr from 1997 |
Sep 2025 | Blk 29 BALAM RD Floor 01 TO 03 | 1,367sqft | S$788,888 | ▲S$577 +0.9% vs FV | 99yr from 1997 |
Blk 29 BALAM RD
Sep 2025 · Floor 01 TO 03
+0.9% vs FV
Blk 29 BALAM RD
Sep 2025 · Floor 01 TO 03
+0.9% vs FV
HELIOS AI Analysis
The valuation for the HDB 5-room property located in Geylang reflects an estimated worth of $781,659, translating to $572 per square foot. This valuation is notably positioned 15.1% above the established market baseline, suggesting an elevated market sentiment surrounding the property. However, it is essential to note that the model confidence is categorized as low, primarily due to the limited data set, with only one recent resale transaction within the vicinity serving as a reference point.
With a remaining lease of 68 years, this property still possesses a substantial lease term, which can be a significant factor influencing buyer interest and investment appeal. In the context of the current market dynamics, the above-market valuation could be reflective of a heightened demand for HDB properties in the Geylang area, characterized by its vibrant urban landscape and accessibility. Nonetheless, potential buyers and investors are advised to approach this valuation with caution, considering the low confidence level and the scarcity of comparable transaction data, which may affect future resale potential and market stability.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.